iPhone sales aren’t going as strong as Apple anticipated, and earlier today, it was reported that the company turned to yet another production cut to align inventory with demand worldwide.
And despite the iPhone clearly declining, Apple CEO Tim Cook says there’s no reason to worry, explaining that those who criticize the company do the same thing every once in a while.
“In terms of the naysayer, I’ve heard this over and over again,” Cook told Jim Cramer in an interview on CNBC. “I’ve heard it in 2001, I’ve heard it in 2005, in ‘7, in ‘8, in ’10, in ’12 and ’13. You can probably find the same quotes from the same people over and over again.”
iPhone XR particularly successful
Cook goes on to explain that… (read more)
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