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App Store
App Store revenue is still killing it.
Photo: Ste Smith/Cult of Mac

Apple wildly underestimates demand for cheap iPhone batteries

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iFixit
Apple replaced 10 times as many batteries as expected.
Photo: iFixit

Apple reportedly replaced a whopping 11 million iPhone batteries last year — 10 times as many as anticipated.

Apple CEO Tim Cook has already cited this as one of the reasons why new iPhone sales are slowing. It is believed the company expected to perform between 1 and 2 million replacements under its heavily-discounted $29 program.

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.

Samsung also suffers as smartphone sales slump in China

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Samsung Galaxy Note 8
Apple isn't the only one suffering in China.
Photo: Killian Bell/Cult of Mac

It turns out Apple isn’t the only smartphone maker that’s suffering from falling sales in China. Samsung, one of the iPhone’s biggest rivals, is also expected to follow Apple in confirming lower than anticipated revenue for the fourth quarter of 2018.

The South Korean company’s warning, which will reportedly come on Tuesday, will reveal a 12 percent fall in year-on-year operating profit for the three-month period. Revenue is also expected to drop 5 percent.

Apple’s holiday quarter earnings could be insane

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Tim Cook earnings apple
Apple earnings could be about to reach new heights.
Photo: Ste Smith/Cult of Mac

Apple enjoyed an incredible start to 2018 thanks to a record-breaking holiday quarter, but according to one analyst, this year’s will be even better.

Thanks to an impressive new iPhone lineup and the best Apple Watch yet, revenue could reach insane new heights as we see out 2018. iPhone sales alone are predicted to surpass a staggering 81 million units!

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Fortnite on Android
Epic Games won’t give Google a penny.
Photo: Epic Games

Apple shares fall after iPhone chipmaker cuts sales forecast

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iPhone X laying down
The iPhone will continue to get more expensive, thanks to you.
Photo: Ste Smith/Cult of Mac

Apple shares fell 3 percent this morning after iPhone chipmaker Taiwan Semiconductor Manufacturing (TSMC) cut its revenue forecast for the second quarter of 2018.

The company and industry analysts point to weak demand for high-end smartphones as the main reason for the poor guidance. This likely has something to do with the fact that iPhone X sales have been in the gutter since early hype quickly died out late last year.

Apple Watch Series 3 will bring big boost for one supplier

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apple watch bands
Apple Watch Series 3 needs to be special.
Photo: Apple

One Apple supplier is expected to enjoy a significant boost from Apple Watch Series 3.

Quanta Computer is likely to see strong revenues during the second half of 2017 ahead of an Apple Watch refresh this fall — despite the addition of Compal Electronics, another manufacturer, being added to the supply chain.

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App Store icon
With 2 million apps, the App Store is almost too big.
Photo: PhotoAtelier/Flickr