• This year’s iPhones might not sell well, and it’s all the iPhone X’s fault

    When the iPhone X launched last year, it was widely expected to be Apple's most popular device in years. The revolutionary device, so the breathless analyst predictions went, would drive a "super-cycle" of upgrades as consumers discarded their boring notchless iPhones in favor of the $1,000 future. The "super-cycle" didn't quite happen in the manner that the prophets foretold, but the iPhone X also certainly wasn't a failure. The phone has sold well and driven Apple's stock to new highs, and according to a new analyst note, it could put a damper on this year's iPhone sales. "We expect a material disappointment in 2019," New Street Research analyst Pierre Ferragu said in a note seen by CNBC. "The iPhone X has been very successful and well received by consumers. It has been so successful, that we think it has brought forward demand." All those preemptive upgrades will create an "air pocket" this year, Ferragu predicts, and 2018 iPhone sales will suffer. The analysis really says more about Ferragu's opinion on the broader future of smartphones than it does about the iPhone X. "History shows the stock suffers materially when iPhone revenues disappoint," Ferragu said. "This may sound insane, but fits our thesis: iPhone shipments are on a multiple-year decline trend, as refresh cycles elongate, and 2018 was a bump in the trend, as 2016 was." Basically, Ferragu thinks that all things being equal, iPhone shipments should have fallen last year, but they didn't, because the iPhone X was an exception that bucked the trend. Ferragu assumes that Apple won't be able to pull off the same move this year, so iPhone sales will be significantly down. Based on the rumors we've heard so far, he may well be right. This year's three new iPhone models are more about price and choice than they are about new features, according to what we've heard. There's going to be a cheaper iPhone X-esque device and a bigger iPhone X Plus, in addition to a new iPhone X with a handful of new features.

  • Day at the beach turns to panic, tragedy; married couple die

    SEABROOK, N.H. (AP) - One moment, Matt Tomaszewski was enjoying a sunny day at the beach with his family. The next, he was running to the ocean with his paddleboard to try to save the lives of six swimmers caught in a rip current.

  • 4 Japanese players kicked out after "night out with women."

    JAKARTA, Indonesia (AP) - Four Japanese basketball players were kicked off their Asian Games team and sent home Monday after delegation head Yasuhiro Yamashita said they "spent the night in a hotel with women."

  • MPs and Ministers Should Be Allowed to Drive Bentleys & Go to KTVs

    The post MPs and Ministers Should Be Allowed to Drive Bentleys & Go to KTVs appeared first on RICE.

  • COMMENT: Dear PM…

    I have a question: How are we going to pay for everything? I waited and waited for the penny to drop after your announcement on extending the Community Health Assistance Scheme and introducing a new Merdeka Generation package. Then there came the Home Improvement Programme 2, to be implemented at an HDB precinct’s 60th year or so, as well as Voluntary En-Bloc Redevelopment Scheme, which is essentially a very long drawn-out version of Sers.

  • Priyanka Chopra and Nick Jonas Put Engagement Celebrations on Hold to Visit an Orphanage

    This will warm even the coldest of hearts.

  • Salah sets up 2 goals, Liverpool beats Palace 2-0 in EPL

    LONDON (AP) - Mohamed Salah won a first-half penalty converted by James Milner and also played in Sadio Mane for a late goal as Liverpool beat 10-man Crystal Palace 2-0 on Monday for its second straight win to open the Premier League season.