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January 3, 2019
Talking about and third this market is uneasy about trade. where do you attribute this market behavior today? >> we can add a couple other things. apple is not only indicative of problems with the iphone sales. chinas economy seems to be slowing. >> pause for a second. theres something about apple. apple is not appling as well as it has. >> right. some of my colleagues said this morning, micro and macro issues. some are specific to apple. tim cook admitted that yesterday afternoon. also apple is...
January 3, 2019
Too many phones? >> i think -- so i think its a little bit of both. its not a squatisfying answer, but the larger trends right now are having more pressure on apple than they would have in the past. nighttime i think they need another high margin product that they have not yet offered. you know, services like i cloud and things like that are high margin for them. the iphone has margins of 50, 60%. they dont have another product this their portfolio like that. ive seen folks speculate maybe they ...
January 3, 2019
Even if were coming out of that drop from the end of the year, typically what happens if youre resolving this slump, youll bounce back and then youll retest the lows we saw in december before a real bottom is put in. we could see enhanced volatility for quite some time to come. >> thank you, ron. senior analyst and commentator. one of the main reasons for the drop was a warning from apple about declining revenue due to falling iphone sales. tim cook talked with cnbc about whats behind this trend...
January 3, 2019
Technology contributor and tech reporter for the new york times. great to see you. thank you for being here. now that i parsed out the political trade side, cant totally do that with ron, lets talk about apple. apple is not only the biggest public company in the world, its the one people love to invest in and use. in my earlier generation, its the ibm or ge, the thing people invested in because they believed its the newspapfuture. is there something to worry about? apple had its worst day in ten...