Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Apple plans to cut back on hiring due to iPhone sales struggles

S.China Morning Post Thursday, 17 January 2019
Apple Inc. will cut back on hiring for some divisions after selling fewer iPhones than expected and missing its revenue forecast for the holiday quarter, according to people familiar with the matter. Tim Cook, Apple’s chief executive officer, made the disclosure to employees earlier this month in a meeting the day after he penned a letter to investors about the company’s recent struggles, particularly in China. During the meeting, Cook was asked if the company would impose a hiring...
0
shares
ShareTweetSavePostSend
 
Credit: Wochit Business - Published < > Embed
News video: Apple Reportedly Set To Reduce Hiring

▶ Apple Reportedly Set To Reduce Hiring 00:35

Apple will cut back on hiring for certain divisions as the company re-adjusts its plans in the face of slowing iPhone sales, according to a Bloomberg report on Wednesday. CEO Tim Cook told employees during a meeting earlier this month that Apple would reduce hiring for certain unspecified groups, but...

Recent related videos from verified sources

Netflix Apparently Opts Out Of Apple's Potential New Streaming Service [Video]Netflix Apparently Opts Out Of Apple's Potential New Streaming Service

Netflix will not participate in Apple's rumored video streaming service, according to a new report. HBO's inclusion is also unclear. Apple is aiming to launch its video offering in April or early May,..

Credit: Wochit     Duration: 00:43Published

Apple's Secret Gold Mine [Video]Apple's Secret Gold Mine

According to a recently revealed Goldman Sachs estimate, last year Google paid Apple $9.4 billion to be the default search engine on the iPhone; making Google's payment to Apple worth as much as 23% of..

Credit: Wochit     Duration: 00:47Published

Apple iPhone sales in China fell by a fifth in Q4 -IDC [Video]Apple iPhone sales in China fell by a fifth in Q4 -IDC

No new Apple innovation and a price conscious consumer appear to sink iPhone sales in China. Angela Moore reports.

Credit: Reuters Studio     Duration: 01:23Published

Jim Cramer on Why the Huawei Lawsuit Matters for Apple [Video]Jim Cramer on Why the Huawei Lawsuit Matters for Apple

Apple is Real Money's Stock of the Day as global iPhone sales figures have investors wondering if the stock is rotten to the core. International Data Corporation figures show sales fell by an annual..

Credit: The Street     Duration: 02:07Published

'Huawei Is the Enemy of the United States,' Says Jim Cramer [Video]'Huawei Is the Enemy of the United States,' Says Jim Cramer

Time to kick off the end of earnings season. Apple and Huawei Go Head to Head Apple is Real Money's Stock of the Day as global iPhone sales figures have investors wondering if the stock is rotten to..

Credit: The Street     Duration: 10:51Published

Apple names third retail chief in a post-iPhone era [Video]Apple names third retail chief in a post-iPhone era

Apple named its third retail chief in seven years, seeking to shake up store operations for a new era in which the company looks beyond pricey iPhones. On Tuesday, Apple said company veteran Deirdre..

Credit: Hindustan Times     Duration: 00:53Published

Apple delays update to patch FaceTime bug, plans release for next week [Video]Apple delays update to patch FaceTime bug, plans release for next week

Apple said a fix for a FaceTime bug that let users eavesdrop on others won't be available until next week.

Credit: FOX 47 News Michigan     Duration: 00:22Published

Apple's Q4 Earnings Indicate They're Developing Streaming Service [Video]Apple's Q4 Earnings Indicate They're Developing Streaming Service

Business Insider reports Apple's Q4 earnings are a hint at the tech giant's plans to accelerate Services growth amid declining iPhone sales. Revenue from iPhone fell 15% year-over-year. Services..

Credit: Wochit     Duration: 00:32Published

Apple To Lower iPhone Prices For 2nd Time Ever [Video]Apple To Lower iPhone Prices For 2nd Time Ever

(Reuters) - Apple Inc plans to cut the price of some of its flagship iPhones for only the second time in the device’s 12-year history, pegging its retail value to past prices in local currencies..

Credit: Wochit     Duration: 00:49Published

Apple May Lower iPhone Prices [Video]Apple May Lower iPhone Prices

Apple boss Tim Cook has suggested the tech company could lower iPhone prices in some markets in a bid to boost sales. News of the possible price change came on Tuesday as Apple announced iPhone revenue..

Credit: Wochit     Duration: 00:45Published


Recent related news from verified sources

A 'dull' iPad mini 5 could be Apple's most exciting release of the year

Apple has had what can only be described as a tough year, with falling iPhone sales, Group FaceTime bugs, and a high-profile privacy squabble with Facebook and...
Macworld

Apple May Be Modifying iPhone 7 and iPhone 8 to Skirt German Sales Ban

Apple may be working on new versions of the iPhone 7, 7 Plus, 8, and 8 Plus with updated modem hardware that does not violate the injunction levied against Apple...
MacRumours.com Also reported by •SeattlePI.comSFGateSeattle TimesS.China Morning Post

Apple iPhone sales drop in China by 20% in Q4 2018, Huawei's sales up by 23%

Apple iPhone sales drop in China by 20% in Q4 2018, Huawei's sales up by 23%
Apple Inc iPhone sales in China fell 20 percent year-on-year in the fourth quarter of 2018, while sales for smartphones made by home-grown rival Huawei soared by...
WorldNews

You Might Like


Tweets about this


Other recent news in Business

German think tank calls for EU to make BREXIT concessionsUK INFLATION falls to two-year low, offering households help before Brexit
A former Apple executive was just accused of INSIDER TRADING by the SECGOOGLE outlines $13bn US investment
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest