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Apples iPhone sales tanked Now all eyes are on whats ahead

first_img $999 The company had raised a red flag in November, when it said it would stop disclosing how many units it sells each quarter.On Tuesday, investors will get a more-detailed picture of what missed and why. More important, said analysts, will be what Apple says during its conference call about the state of the second quarter, which ends in March.”The big question is how much iPhone channel inventory Apple built in Q1,” Toni Sacconaghi, an analyst at Bernstein, wrote in a note to investors last week. Sacconaghi encouraged investors to listen for commentary on replacement cycles for the iPhone, reasons for the downturn in China and demand in other regions for the iPhone. “Our contention [is] that China only appears to account for half of the iPhone’s shortfall in Q1,” he wrote.UBS analyst Timothy Arcuri raised similar concerns in his investors note, writing that he’ll be paying attention to what Apple says about iPhone inventory levels, how long the company expects to be affected by demand in China, potential price reductions and iPhone upgrade cycles. Updated at 4:22 p.m. PT: To reflect the price of the MacBook Air for nonstudents.  Apple: See what’s up with the tech giant as it releases new iPhones and more.Does the Mac still matter? Apple execs explain why the MacBook Pro was over four years in the making, and why we should care. CNET may get a commission from retail offers. 48 Now playing: Watch this: Tags $999 Apple See It See All Aug 31 • Your phone screen is gross. Here’s how to clean it Phones Stock Market Preview • iPhone XS is the new $1,000 iPhone X Sprint Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? Boost Mobile See It Apple’s iPhone XS didn’t sell as well as analysts had expected during the holiday season.  Angela Lang/CNET Early this month, Apple CEO Tim Cook gave us the bad news in broad strokes. On Tuesday, we’ll find out just how bad it was.In a letter shared with investors on Jan. 2, Cook revealed that revenue in the company’s fiscal first quarter, ended on Dec. 29, would miss Apple’s own forecasts by about 15 percent. He laid most of the blame on an economic slowdown in China. “In fact, most of our revenue shortfall to our guidance, and over 100 percent of our year-over-year worldwide revenue decline, occurred in Greater China across iPhone, Mac and iPad,” he wrote. Cook also blamed a decrease in carrier phone subsidies and higher prices overseas caused by a strong US dollar. Customers additionally took advantage of Apple’s $29 battery replacement offer, which lets them squeeze more life out of their older iPhones. The company now sees sales of $84 billion, well below the range of $89 billion to $94 billion it had forecast in November. The earnings warning was Apple’s first in more than 15 years. The weaker holiday season — a period when most of Apple’s iPhones are sold — fanned a growing belief that the industry as a whole, and Apple in particular, is grappling with consumer smartphone fatigue. Many people also pointed to the high price tags on Apple’s newest phones. The iPhone XS ranges from $999 to $1,349, depending on storage capacity, and the XS Max with 512 GB of storage costs as much as $1,499. By comparison, the MacBook Air starts at $999. Mentioned Above Apple iPhone XS (64GB, space gray) Aug 31 • Best places to sell your used electronics in 2019 Review • iPhone XS review, updated: A few luxury upgrades over the XR Apple Apple iPhone XS Sep 1 • iPhone 11, Apple Watch 5 and more: The final rumors See It $999 See it $999 Best Buy • Comments Share your voice Apple’s streaming service could take on Netflix 6:05 reading • Apple’s iPhone sales tanked. Now all eyes are on what’s aheadlast_img read more

Pakistan Taliban chief killed

first_imgA US drone strike in northeastern Kunar province killed Pakistan Taliban chief Mullah Fazlullah, the insurgent leader who ordered the assassination ofNobel Peace Prize winner Malala Yousafzai, an Afghan defense ministry spokesman said Friday.In a telephone interview, Mohammad Radmanish said Fazlullah and two other insurgents were killed early Thursday morning, just hours before Afghanistan’s Taliban began a three-day cease fire to mark the Muslim holiday of Eid al-Fitr. The three-day holiday follows the end of Islam’s holy month of Ramadan when devout adherents fast from sunrise to sunset.However, Sakhi Mashwani, a Parliamentarian from Kunar province told the Associated Press that Fazlullah, along with five other insurgents, died when the strike slammed into the vehicle in which they were driving.Mashwani said dozens of people, including Fazlullah’s brother, Moheen Dada, gathered Friday in the Ghaziabad district of Kunar province, to offer prayers for the dead Taliban leader.According to a statement attributed to US Forces-Afghanistan spokesman Lt Col Martin O’Donnell, the US carried out a “counterterrorism strike” Thursday in the border region between Afghanistan and Pakistan targeting “a senior leader of a designated terrorist organization.”The statement did not say whether the strike had killed anyone and did not identify Fazlullah as the target. However, the statement did note that the drone attack did not violate a cease-fire announcement made 7 June by Afghan president Ashraf Ghani. The Taliban’s promise of a temporary truce came on Monday.Radmanish said the drone attack took place in Marawara district, near the border.Pakistan’s military refused to comment on the report of Fazlullah’s death saying any information would have to come from Washington. Yet Fazlullah’s death would be welcome news in Pakistan, where the government has repeatedly complained that Fazlullah and his Tehrik-e-Taliban had found safe havens across the border in Afghanistan. Meanwhile, Kabul and Washington both complain that Pakistan has for years allowed Afghanistan’s Taliban free movement as well as medical treatment for battlefield wounds.Still, the recent cease-fire announcement by Afghanistan’s Taliban is being at least partially credited to Pakistan, which some observers say has been pressing the leadership to accept President Ghani’s recent peace overtures.In his Eid greeting this week, Afghan Taliban chief Haibatullah Akhunzada repeated the Taliban demand for direct talks with the United States before opening negotiations with the Afghan government. Until now, Washington has refused.It was Yousafzai’s open call for girls’ education and criticism of the Taliban that infuriated Fazlullah. She was just 14 when she survived the assassination attempt in 2012. Her return to her hometown earlier this year seemed a particular triumph as it was also to open a school funded by a charity she established to promote girls education globally.She has often said that Fazlullah’s attempts to silence her backfired and instead he amplified her voice around the world.A ruthless leader, Fazlullah ordered the bombing and beheadings of dozens of opponents when his band of insurgents controlled Pakistan’s picturesque Swat Valley from 2007 until a massive military operation routed them in 2009.In Yousafzai’s hometown of Mingora in the Swat Valley, residents welcomed reports of Fazlullah’s death with one resident saying many feared he would return one day to re-impose his violent rule.”We witnessed the brutality of the Taliban in Swat when Fazlullah and his men were present here and we are happy to know that he has gone to hell,” said Idrees Khan, a member of a local elders peace committee. “People in Swat will feel safer after the killing of Fazlullah.”His insurgent group, the Tehrik-e-Taliban, also took responsibility for the brutal attack on an Army Public School in Pakistan’s northwestern city of Peshawar in December 2014 when more than 140 children and their teachers were slaughtered.Survivors of the attack told of insurgents roaming through the school shooting their victims, some as young as six years old, in the head.Mohammad Akhtar, whose 12-year-old son Fahad Khan died in the 2014 massacre, said he had been waiting for confirmation of “terrorist Fazlullah’s” death.”Thank God, he is dead,” he said after returning from a visit to his son’s grave.Fazlullah rose to prominence through radio broadcasts in Swat demanding the imposition of Islamic law, earning him the nickname “Mullah Radio.” His radio talks also aired the grievances of many in the northwest against the government, such as its slow-moving justice system. He also reached out to women, promising to address their complaints about not getting a fair share of their inheritance.His brutality often included public beheadings, often of police officers. His exact age is not known but he was believed to be in his late 30s.last_img read more