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Apple in trouble as new iPhones fail to attract interest
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Old 30th September 2022, 13:05   #1
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Default Apple in trouble as new iPhones fail to attract interest

Shares tumble as cash cow stuck

Apple fanboys are ignoring Jobs’ Mob’s latest iPhone offerings in droves leading shareholders to see darker days ahead for Apple.

Apple shares tumbled yesterday while the rest of the market did well. This was because of Bloomberg reports that Apple had lowered iPhone 14 production as users lost interest in its favourite cash cow. Apple has backed off plans to ramp up iPhone 14 production by as many as six million units in the second half of 2022 due to faltering demand.

To be fair to Apple fanboys the new iPhones have been released with bugs that will take ages to fix and with apps missing their headlining abilities at least until next year.

However, the news caused Apple to lose $50 billion in market capitalisation.

https://fudzilla.com/news/mobile/555...tract-interest
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