Page 13 - Iphone X News Today

Court and gave an answer that appeared to be a confession. all right. lets get a check on cnn moneystream. u.s. stocks down as shares of apple had their worst day since august. apple facing questions surrounding iphone x demand after an analyst slashed his projections for the phone by 10 million. tech stocks fell on the news yesterday and the s&p 500 tech sector falling 7/10ths of 1%. trading volume is expected to be thin because of the holidays. oil reaching its highest price in two and a h...

Sheinelle and i should test the iphone x. thats the way to do it. sheinelle, thank you so much. >> reporter: thank you so much, hallie. >> and thanks for putting up with that delay from here on set. well be back with todays big picture. before we do, one more look down werth avenue. im here doing double duty for my job for nbc news covering donald trump which means i get to bring you with me here on msnbc. thanks for hanging out.

But analysts caution just because apple is lowering projections, that doesnt mean the iphone x sales arent strong. projections still have apple on pace to become the first trillion-dollar company. even after news that apple admitted to slowing down older model iphones now facing a lawsuit. the company saying they were allowing to prevent shutdowns from things like cold conditions and the lithium-ion batteries aging other time. critics saying apple purposely slowed down phones to increase sales o...

Apple hasnt cut anything itself. estimates how many apple phone would ship in the fiscal first quarter, three months through december and the first calendar, of course, three months through march. those analysts have caught expectations having spoke ton some in the supply chain. the caveat to add, apple sets an ambitious target to supply and generate and give them. they see the actual numbers they cut it down. the most optimistic to begin, cut it down to match demand. there is a sense maybe cust...

Basis. the library says it began archiving tweets to reprerve a record of creativity. the volume of tweets increasing dramatically. by 2013 it had already amassed 170 billion at a rate of half a billion tweets per day. >> wonder how many were president trumps. lets get a check on moneystream this morning. u.s. stocks down since apple had their worst day since august. apple facing questions about slow iphone x sales. tech stocks fell with the s&p 500 technology sector falling 7/10ths of 1%. tod...

Lukewarm response to what should be the companys crown jewel. the iphone x. when announcing the flagship device -- >> it is the biggest leap forward since the original iphone. >> reporter: -- ceo tim cook heaped endless praise on the product. but the company is lowering its first quarter sales forecast. apple has declined request for comment. but a potential cause of waning interest, the $999 price tag. the sticker shock a sticking point for die hard iphone users. >> would you rather pay $1,000 ...

Iphone x? >> about two thirds of sales are iphones. every new iphone launch is very significant. also interesting to see moving into the first calendar quarter, how the iphone sales then translate into services sales. like apple music, icloud, very high imagine businesses, and if you have an iphone, youre more likely to have those services. the see the physical impact when iphone sells itself and then starts into the first quarter downloading apps, games, those things. >> and fox com, taiwanese ...

Start with the plan. how is the company responding to this? clearly confirming what many people suspected but how worried are they about what people think about this? >> i think that the way its communicated is the issue. not necessarily a fact theyve introduced a feature essentially stopping phones being bricked by the new software, the draw on old batteries would have made phones die if they didnt have the feature but they didnt tell anyone about it, or us about it. the apple bloggers, very cl...

>> apple not so shiny. stock is down amid reports of sluggish sales of the iphone tempered lets go to nicole. are they concerned about apple? >> big picture, absolutely not. in the near term, there was a report in a taiwanese newspaper which basically said they are not really seeing the demand for the iphone x. they predict apple will lower the shipments to 30 million from 50 million. that hurts suppliers across the board. theres questions whether or not the iphone x was worth $999. people were ...

Not. >> even with the same haircut. >> biometrics are already being used on laptops and cell phones like the iphone x. >> but the goal she says, is to access everything from banking to brooks brothers without ever typing another password. >> its better from a security perspective. its just a better experience rather than having to worry about forgetting my password. i am the password. >> people are going to want to know, can it be stolen. once my face is stolen, i cant get another face. >> secur...