As the Apple stock price continues its descent into Sir John Harrington’s famous invention, the iconic tech company is desperately scrambling to shore up the flagging sales of its latest batch of pricey iPhones, not least the so-called budget model.
A number of reports based on a new Wall Street Journal article, are circulating that disappointing sales of Apple’s new “budget” model iPhone XR has forced the company to cut its price in Japan.
If one has an empathetic bone in his or her body then you have to feel for Apple chief executive Tim Cook. The poor guy has to report his company’s financial performance to regulators, investors and the market every 90 days. This will not continue for much longer because it is inevitable that Apple will go private.
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