Friday, January 04, 2019

Two Huawei Workers Reprimanded For Posting An Official Message WIth An iPhone.

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Two Huawei employees posted on New Year's Day message on Twitter, wished followers a "Happy #2019" and the message displayed, "via Twitter for iPhone". Huawei has punished the two employees according to an official memo.
A lot Chinese companies have been promoting Huawei products and scorned those who used iPhones from US rival Apple. Huawei overtook Apple become the #2 in the number of handsets shipped worldwide.
According to Reuters, citing an internal company memo - said that the Huawei staff involved in the Twitter blunder had been demoted and would be receiving reduced salaries.
The said message was quickly removed from Huawei's official Twitter feed but was preserved by users who shared the tweet.

Wednesday, January 02, 2019

Apple Shakes The Market With Much Less Than Expected Revenue Projections

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AAPL (Apple) 1/2/2019

Apple is acknowledging that the current situation at the company is not all that rosy. Apple still remains a powerful force in the technology playing field. Tim Cook admitted that the demand for iPhones is waning, confirming investor fears that the company’s most profitable product has lost some of its luster. This acknowledgment came in a letter from Apple CEO Tim Cook to the company’s shareholders released after the stock market closed Wednesday and from the graph above shows. The Share price dropped to $146.50, when we last checked.

Analysts expected Apple’s revenue to be about 9 percent higher at $91.3 billion. The revelation by Apple says it now expects revenue of $84 billion for the period.  The official results are scheduled to be released Jan. 29.
Cook also said Apple’s revenue for the October-December quarter which includes the crucial holiday shopping season too will fall well below the company’s earlier projections and those of analysts, whose estimates sway the stock market. China remains a larger focus of the financial woes Apple is facing.

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