with every new phone, if it doesn't have a bread-making attachment, we're disappointed. and they're also asking a grand for some of these iphones. that is a lot of money on a product that is now under incremental change. it gets slightly cooler with each new generation, but the iphone is still the product steve jobs left us. >> and the phone companies have stopped subsidizing the purchase of phones which tim cook in an interview on cnbc yesterday acknowledged was an issue. pricing was an issue. the slow down in china was more profound than they anticipated the trade wars having an effect on their sales. a whole host of things added up to the surprise announcement after the close yesterday. they had their worst day in six years, today down almost 10%. that's a pretty big move for a company that at one point was worth a trillion, now 450 billion less. but it's also indicative of other problems we're seeing of the stock market decline. today we got manufacturing data
Related Keywords
Mo Ney , Lot , It Doesn T , Some , Change , Product , Phone , Iphones , Bread Making Attachment , Grand , Us , Steve Jobs , Phone Companies , Iphone , Generation , Purchase , Things , Issue , China , Trade Wars , Move , Phones , Host , Pricing , Interview , Effect , Sales , Surprise Announcement , Cnbc , Tim Cook , Six , 10 , Point , Company , Problems , Stock Market Decline , Data , One , 450 Billion ,
comparemela.com © 2020. All Rights Reserved.