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Apple cuts quarterly sales outlook on fewer iPhone upgrades, slower Chinese economy

2019-01-03 08:35:00| Telecompaper Headlines

(Telecompaper) Apple has lowered its revenue guidance for the December quarter, blaming a slowdown in iPhone sales, particularly in China. The company now expects revenue of US 84 billion for its fiscal first quarter to 29 December 2018, down from earlier guidance of USD 89-93 billion and a reported USD 88.3 billion in the year-earlier period.

Tags: sales chinese apple economy

China bans iPhone sales as Apple's dispute with Qualcomm flares

2018-12-11 01:00:00| Total Telecom industry news

China has banned the sale of certain iPhone models in the country, following an escalating intellectual property dispute between Apple and Qualcomm. Apple has accused Qualcomm of overcharging for its licences, with Qualcomm retaliating by manipulating other patents upon which Apple relies…read more on TotalTele.com »

Tags: sales china dispute iphone

Apple denies iPhone import ban in China

2018-12-10 17:26:58| BBC News | Business | UK Edition

Chip-maker Qualcomm says it has won an injunction against Apple in a continuing dispute over intellectual property.

Tags: china import apple ban

Apple lowers production orders for last iPhone models - report

2018-11-19 14:01:00| Telecompaper Headlines

(Telecompaper) Apple has had a particular problem setting expectations for the iPhone XR and cut its production plan late last month by up to a third of the 70 million units it had asked some suppliers to produce between September and February, the sources added. In the past week, Apple informed several suppliers it expects even lower supplies of the XR, faced with a maturing smartphone market and tough competition from Chinese producers. Apple declined to comment on the report.

Tags: report production orders models