| Cult of Mac

Apple’s newest services lack ‘depth,’ analysts warn

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Apple TV+ could have 26 million paying subs by 2025; 2.6 million currently
Apple TV+ could have 26 million paying subs by 2025; 2.6 million currently
Photo: Apple

Apple’s newest services don’t deliver the “depth” investors want to see as iPhone sales fall for the Cupertino company.

Some analysts are particularly disappointed with the upcoming Apple TV+ video streaming service. They don’t believe Apple has any hope of competing with Netflix.

Apple teams up with Alipay to boost iPhone sales in China

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iPhone XS box gold
Bag yours before they're all gone.
Photo: Ste Smith/Cult of Mac

Apple has joined forces with Alipay in an effort to boost iPhone sales in China.

iPhone fans can now bag one of the company’s latest handsets with up to two years of interest-free finance. The loan allows customers to swap the costly upfront fee for much more affordable monthly payments. It’s available on purchases of 4,000 yuan (approx. $595) or more.

Foxconn cuts 50,000 workers early as iPhone struggles

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Which new iPhone is for you? It really comes down to size.
Apple knows the iPhone is getting too expensive.
Photo: Ste Smith/Cult of Mac

Foxconn, Apple’s largest manufacturing partner, has cut 50,000 workers ahead of schedule as a result of weak iPhone demand.

The first cuts came last October, months before Foxconn typically scales back its workforce in preparation for slow season, according to a source familiar with the move. It is believed that Foxconn isn’t the only Apple supplier making cuts, either.

Samsung will make life even harder for iPhone on February 20

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Samsung Galaxy S10 teaser
You won’t be blown away by Galaxy S10 performance.
Photo: Samsung

Weakening demand for the iPhone could get worse next month when Samsung delivers its next-generation smartphone lineup.

The South Korean company has confirmed a Galaxy Unpacked event on Wednesday, February 20. Its teaser video all but confirms the Galaxy S10 will be the star of the show.

Slowing iPhone sales cause Apple suppliers to suffer

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iphone XS
It’s not just Apple that’s feeling the impact.
Photo: Apple

Slowing iPhone sales aren’t just bad news for Apple.

Foxconn, the company’s largest manufacturing partner, is also suffering as a result of weakening iPhone demand, with revenue for December falling 8.3 percent year-over-year.

It’s the first time Foxconn has experienced a drop in revenue in almost a year.

iPhone XR Apple’s best-selling phone as sales fall

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iPhone XR was India’s no. 1 ‘ultra premium’ smartphone in 2019
iPhone XR was India’s no. 1 ‘ultra premium’ smartphone in 2019
Photo: Apple

Apple’s best-selling smartphone last November was, perhaps unsurprisingly, its most affordable model. The iPhone XR outsold the iPhone XS and the larger iPhone XS Max, according to new data — but overall iPhone sales saw a significant decline.

iPhone XS sales take average selling price to record heights

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iPhone XS and XS Max
Have you bought yours yet?
Photo: Ste Smith/Cult of Mac

iPhone XS and iPhone XS Max sales have started off so strongly that they’ve helped Apple’s average selling price reach record heights, new data suggests.

The latest flagships accounted for 16 percent of all Apple handsets sold in the U.S. last quarter, despite being on sale for just ten days of it. Last year’s iPhone X continues to sell well despite being outdated now, while iPhone 8 and 8 Plus were the most popular options.