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Half Of Apple’s Business Is At Risk

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Apple

When Apple CEO Tim Cook took the stage this September, nobody expected the shocking news he was about to deliver. He unveiled the new iPhone 11—the most advanced phone Apple has ever made.

But it was not the triple-lens camera and lustrous finishes that stole the show. It was the phone’s price tag.

For the first time ever, Apple cut its iPhone price. As I’ll explain, Apple made this move out of desperation, and it may well spell the end of Apple’s run as a dominant company.

Apple Is a Phone Company

Let’s get one thing straight. Apple is not a computer company anymore. Apple is a phone company.

Since it introduced the iPhone in 2007, Apple has sold 2.2 billion phones raking in over a trillion dollars in sales—more than any other phone maker in history. Meanwhile, Apple stock shot up over 2,037% and became the world’s largest publicly traded company.

iPhone Is Apple’s Golden Goose

Apple has earned a whopping $1.99 trillion since 2007. The thing is, more than half of it came from iPhone sales. iPhone is not only Apple’s best-selling product by far. It’s also the company’s most profitable product.

For every dollar an iPhone brings into the company, Apple earns $0.60–0.74, according to PhoneArena. Compare that to the MacBook Air—Apple’s most profitable notebook—which earns a mere $0.29 on the dollar.

If it weren’t for the iPhone, Apple wouldn’t be where it is today. Without the iPhone, Apple would be a mediocre computer company like Dell at best.

iPhone Sales Stalled Out

For years, iPhone revenues have sprinted higher at an exponential pace. But in 2015, Apple reached an inflection point. The growth of its iPhone sales has died out, as you can see below:

Last year, Apple sold 14 million fewer phones than it did three years ago. That’s not unusual, though.

When Apple unveiled the first iPhone, the smartphone was groundbreaking technology. The typical lifecycle of a groundbreaking technology looks like this: Sales skyrocket out of the gate, then flatten out as the market matures, and finally take an inevitable downturn.

Twelve years ago, only 120 million people had a cell phone. Today, over five billion people own a smartphone, according to IDC.

Apple Found a Way to Extend the iPhone Lifecycle

As I wrote earlier, Apple has found a masterful way to extend iPhone’s prime time. The company raised iPhone prices to offset slowing sales and keep its revenue figures growing.

Think about it, in 2010, you could buy a brand-new iPhone 4 for $599. In 2017, you would have had to fork over $849 for the iPhone 8 and $1,149 for the iPhone X, Apple’s most expensive phone.

The price hikes kept Apple’s growth engine alive… and for this reason, its revenues have gone on marching higher since 2011. But there was also another reason Apple was forced to hike its phone prices…

iPhones Are More Expensive for Apple, Too

Take a close look at the chart below. It shows how much it costs for Apple to make an iPhone…

For every dollar an iPhone brings into the company, Apple earns $0.60–0.74, according to PhoneArena. Compare that to the MacBook Air—Apple’s most profitable notebook—which earns a mere $0.29 on the dollar.

If it weren’t for the iPhone, Apple wouldn’t be where it is today. Without the iPhone, Apple would be a mediocre computer company like Dell at best.

iPhone Sales Stalled Out

For years, iPhone revenues have sprinted higher at an exponential pace. But in 2015, Apple reached an inflection point. The growth of its iPhone sales has died out, as you can see below:

Last year, Apple sold 14 million fewer phones than it did three years ago. That’s not unusual, though.

When Apple unveiled the first iPhone, the smartphone was groundbreaking technology. The typical lifecycle of a groundbreaking technology looks like this: Sales skyrocket out of the gate, then flatten out as the market matures, and finally take an inevitable downturn.

Twelve years ago, only 120 million people had a cell phone. Today, over five billion people own a smartphone, according to IDC.

Apple Found a Way to Extend the iPhone Lifecycle

As I wrote earlier, Apple has found a masterful way to extend iPhone’s prime time. The company raised iPhone prices to offset slowing sales and keep its revenue figures growing.

Think about it, in 2010, you could buy a brand-new iPhone 4 for $599. In 2017, you would have had to fork over $849 for the iPhone 8 and $1,149 for the iPhone X, Apple’s most expensive phone.

The price hikes kept Apple’s growth engine alive… and for this reason, its revenues have gone on marching higher since 2011. But there was also another reason Apple was forced to hike its phone prices…

iPhones Are More Expensive for Apple, Too

Take a close look at the chart below. It shows how much it costs for Apple to make an iPhone…

With the exception of a few years, the cost of making an iPhone has been climbing higher since 2007. The first iPhone cost Apple just above $200 to make. Meanwhile, iPhone XS (the latest iPhone Apple reported on) costs double that.

Apple has always set records with its phone prices. But as you can see, it did it for a reason. It had to offset the ever-growing costs. And as I warned my readers before, it was just a matter of time before Apple had to pull back with its pricing. It didn’t take long.

iPhone Has a New Feature: Lower Prices

Last September, Apple unveiled iPhone XR, a less advanced and more affordable version of the iPhone X. It cost $749, a 35% drop from the iPhone X’s $1,145 price tag. But in truth, it was almost the same iPhone X, only disguised as a budget phone. It was basically an excuse for Apple to release a cheaper phone to get its sales figures back on track.

This year, Apple went a step further. It slashed the price of its full-fledged iPhone. The newly released iPhone 11 started at $699, a price point not seen since 2017.

Apple did it as a last resort to spur lackluster demand. But in doing so, it has signaled the beginning of the end of its lucrative iPhone business.

The End of Apple

See what’s happening? Not only is Apple selling fewer iPhones, it’s now earning much less on each one.

Recent financial reports show that iPhone revenues—which have been Apple’s lifeblood—are starting to sink. Last quarter, Apple earned 10% less from iPhones than it did during the same period last year. That’s a loss of about $20 billion!

Apple has never earned so little from iPhones, and all this will start showing up in Apple’s financial reports very soon.

Let me make it clear: half of Apple’s business is going off the rails, and there’s no turning back.

While Apple admits the demise of iPhone and is looking into new business directions, these things don’t happen overnight. Meanwhile, Apple’s money-making machine is grinding to a halt.

As I warned you earlier this year, Apple is a ticking time bomb. And for this reason, I’d recommend staying away from this stock.

 

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I Got My Husband From Miss Malaika Exposure : Former Beauty Queen Delsey Hamilton Talks Malaika Experience | WATCH

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Delay Hamilton of Miss Malaika 2016 fame, now formally known as Mrs.5 Delsey Biney, has made it known that if she’s counting her blessings on earth, she’d probably count the Miss Malaika pageantry show twice because out of it, she found her missing rib.

The 2016 Miss Malaika 2nd runner up was speaking to Leah Brown, winner of the competition that year, on the Queen In The Making online workshop, about life as a pageant.

Delsey Hamilton also spoke on the dos and don’ts that anyone looking up to contesting in a pageantry show must consider.

Watch below.

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Leave Our Employees Out Of This : Twitter’s Jack Dorsey Fires Back At Donald Trump And Mark Zuckerberg

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Twitter CEO, Jack Dorsey has fired back at President Donald Trump after he accused the social media platform of meddling in the US election which will be taking place later this year. He also tackled Mark Zuckerberg after he suggested that Twitter was trying to be “an arbiter of truth”.

The exchange ensued after Twitter applied its fact-check label to two tweets shared by President Donald Trump, which prompted readers to fact check the president’s claims.

Dorsey’s response was spured by a Fox News appearance by senior White House advisor Kellyanne Conway, where she goaded viewers to harass Twitter’s head of site integrity, Yoel Roth.

He stated that Trump’s tweets were fact-checked because they “may mislead people into thinking they don’t need to register to get a ballot.”

Dorsey tweeted;

Fact check: there is someone ultimately accountable for our actions as a company, and that’s me. Please leave our employees out of this. We’ll continue to point out incorrect or disputed information about elections globally. And we will admit to and own any mistakes we make.

Per our Civic Integrity policy (https://help.twitter.com/en/rules-and-policies/election-integrity-policy…), the tweets yesterday may mislead people into thinking they don’t need to register to get a ballot (only registered voters receive ballots). We’re updating the link on @realDonaldTrump’s tweet to make this more clear.

Mark Zuckerberg’s comment in which he outlined Facebook’s obsessively neutral approach to policing its platform with Twitter’s present situation in an interview with Fox News, was also addressed by the Twitter CEO.

Zuckerberg had said; “We have a different policy than, I think, Twitter on this.

“I just believe strongly that Facebook shouldn’t be the arbiter of truth of everything that people say online.

“Private companies probably shouldn’t be, especially these platform companies, shouldn’t be in the position of doing that.”

Reacting to the comment, Dorsey rejected Zuckerberg’s tag and also cited the company’s Civic Integrity Policy.

He added; This does not make us an “arbiter of truth.” Our intention is to connect the dots of conflicting statements and show the information in dispute so people can judge for themselves. More transparency from us is critical so folks can clearly see the why behind our actions.

The company also made a clarification on its decision to add a fact-checking link to two of Trump’s tweets.

It read; We added a label to two @realDonaldTrump Tweets about California’s vote-by-mail plans as part of our efforts to enforce our civic integrity policy. We believe those Tweets could confuse voters about what they need to do to receive a ballot and participate in the election process.

On Wednesday evening, White House press secretary Kayleigh McEnany told reporters President Trump would soon sign an executive order “pertaining to social media,” widely expected to be a shocking though likely unsubstantial strike back at Twitter’s policy enforcement choices this week.

The order may rehash the White House’s previous stalled efforts to threaten Section 230 of the Communications Decency Act, a vital legal provision underpinning the modern internet and wielding power against social media companies through the FTC and FCC.

Ahead of the expected retaliation, Trump tweeted “Stay Tuned!!!” to his more than 80 million followers.

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Actor Kwadwo Nkansah LilWin Unveiled As Brand Influencer For BetPlanet

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One of Ghana’s recently launched online gambling company, BetPlanet has officially unveiled popular Ghanaian comic actor and musician, LilWin, who has his government name as Kwadwo Nkansah, as the brand-influencer to encompass the and represent and elevate the betting firm to its new and old patrons.

BetPlanet sealed an undisclosed mega-deal with the actor, as they look to reach greater heights in the very competitive gaming industry.

LilWin as part of the deal will spearhead the company’s commercial activities across the country.

In relation to the deal, LilWin himself said; “I am pleased with the opportunity to be part of this big family (BetPlanet), I will make sure and do my best to push BetPlanet effectively and I believe that together we can expand on the contributions to sports development in Ghana.”

Other Ghanaian top stars who were unveiled as Influencers are John Dumelo, Efya, Eno Barony, Sister Derby, Moesha Boduong, Salma Mumin, Kelvynboy, Zynnell Zuh, DKB, Nadia Buria, among others.

BetPlanet, a betting company owned by Planet Sports Limited is licensed under the Gaming Commission of Ghana, BetPlanet is a leading gaming system provider that develops and markets a range of technology solutions for electronic gaming machines for clubs, pubs and hotels.

BetPlanet offers the best when it comes to online betting. Whether it be sports betting in Ghana or even casino betting, you can find amazing odds, markets, and tops right here. We want players to be able to be excited when it comes to betting and that is why we offer such a wide range of sports to bet on. If you are after the excitement and great odds when it comes to betting, then you have come to the right place. Find out what makes us one of the best betting sites in Ghana!

Visit Betplanet on www.betplanet.com.gh to place your bet or visit any of their shops.

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