Apple's latest iPhone models are struggling due to weak demand, but two major Asian suppliers picked up the slack and posted strong sales last month.
The iPhone XS and the iPhone XR can't generate significant sales. The mobile industry appears to be oversaturated, and consumers are hanging onto their smartphones longer than ever before. Still, that hasn't hurt two of Apple's longtime partners. Foxconn and Taiwan Semiconductor Manufacturing Company, according to Bloomberg, were able to generate a 5.6% rise in revenue during November. Both work with additional companies, too.
Meanwhile, other suppliers are downgrading sales estimates. It's a surprise since the last few months of the year are typically strong across the board, but Apple's flagship duo hasn't met expectations.
There might be another set of reduced orders for the iPhone XS and the iPhone XR if demand fails to turn around, and that could do damage on Foxconn's and TSMC's bottom lines.
Don't be too worried about Apple, though. In Cupertino, Tim Cook and high-ranking executives are unlikely to be too worried at the moment. Apple has plenty of cash on-hand, and its services generate a huge amount of revenue every quarter. Moving forward, Apple will continue leaning on services rather than hardware due to oversaturation in most categories.
Also, maybe it's the best time to purchase a new iPhone. Apple's running a trade-in promotion on the iPhone XS and the iPhone XS where, in exchange for your old iPhone, you'll get a steep discount.
It'll be interesting to see how Apple's Q4 2018 earnings report looks. Although unit sales are no longer part of the details, Apple should still discuss the trends for its entire lineup of hardware.
Add magic to your living space with these string lights
String lights add personality and soft light to your living space. Here are some of the best.
Disguise your little one with the help of a themed costume
From avocado halves to hoppy bunnies, costumes speak to every child's unique spirit. And we've collected our favorite options.
The Galaxy S20 Ultra's Space Zoom camera is amazing and a bit creepy
The Galaxy S20 Ultra supports up to 100X zoom, which Samsung calls Space Zoom, but is it any good? Can a phone really product usable photos at 100x zoom? We've got our Galaxy S20 Ultra already so join us to find out!
Take note of the best bullet journals
There's no need to suffer with inferior journals when you're writing down your life details. Check out our top picks so you can get your BuJo on.