Apple slashes Q1 guidance, banks step in to help federal workers, and more top news
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Apple slashed its guidance for the first quarter of its 2019 fiscal year, saying a number of factors resulted in fewer iPhone upgrades than anticipated. The tech giant now expects revenue of roughly $84 billion, compared to the $89 billion to $93 billion the company projected in November. The timing of its product launches, foreign exchange troubles, supply constraints and weaknesses in emerging markets all played a role in the revision, Apple says. ? Here’s what people are saying.
Banks and credit unions are offering financial help to federal workers who are furloughed or working without pay during the government shutdown. First Command Financial Services is offering customers who work for the federal government interest-free payroll advances, while Democracy Federal Credit Union is offering short-term, no-interest emergency loans to its clients. Approximately 800,000 federal workers have been furloughed or working without pay since Dec. 21. ? Here’s what people are saying.
Tesla delivered fewer vehicles in the latest quarter than it originally targeted. The electric carmaker said it had delivered 90,700 vehicles, versus the 92,000 planned. Tesla also announced it will cut $2,000 off the price of all of its models to balance out the new reduction in federal tax credits for those who buy electric cars. ? Here’s what people are saying.
Cable and satellite companies are battling to reach deals with TV channels as the number of cord-cutters rises — leading to programming blackouts and putting smaller channels at risk, reports Business Insider. Comcast and Verizon FiOS both recently ditched music-focused channel Fuse, while FiOS and Disney only managed a last-minute deal that narrowly prevented a programming blackout of Disney channels. Some 20% of U.S. adults are expected to ditch cable TV by 2022. ? Here’s what people are saying.
Chipotle is looking to cash in on some of the most popular diets by offering special menu items. The fast-food chain said it will offer salad bowls geared toward the Whole30, paleo and keto diets. The move is among a number of changes the chain has implemented in an effort to regain its footing after a series of foodborne illness outbreaks, reports Business Insider. ? Here’s what people are saying.
Idea of the Day: Start your new year by reviewing the previous year and identifying what worked and what didn’t, says author Tim Ferriss.
“I have found 'past year reviews' more informed, valuable, and actionable than half-blindly looking forward with broad resolutions.”
What's your take on today’s stories? Share your thoughts in the comments.
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3 个月DON’T buy Apple Iphone 16, it not worth 80 K, unfortunately I purchased one on 4th December-2024 from Apple Saket, Select City Mall, Delhi. This device SUCKS & APPLE support is WORST. Even after troubleshooting it continuously for the last 5 days, 14 cases its not working properly & APPLE store has declined REPLACEMNT so I am STUCK.?Give me 1 reason for which a LOYAL Apple customer (SINCE 2007) will be interested to do these painful tasks: 1. Insisting on changing a 4 DAY old device if it’s working FINE? 2. Take/Share Video recording/screenshots to showcase the issues faced due to faulty device? 3. Spend hours troubleshooting the device with online and offline Apple support teams. 4. Format/ reinstall IOS & all possible applications (15-20 apps) every day, which are mandatory to survive in today’s digital world. Basically this iPhone 16 device only works only at Apple Store premises (using their WIFI), so is a customer expected to move & spend their life in Apple Store?
Technology Leadership, Enterprise Cloud Applications, Business Transformation
6 年I believe Apple is in trouble because they stopped dreaming, they became afraid to fail. It’s not necessarily about innovation. I am not talking about adding new features to the phone but rather coming up with entirely new ideas like branching into new some new segments or new verticals or variations of existing products. Apple needs diversification and it should not wait until it gets everything right, it’s got to try, make an attempt...even if they do not succeed at first. They have stopped trying right now. There is nothing new. Case in point is Tesla with Electric cars, Solar, Tunnel building, Space X, Flame Throwers...or Amazon...in Cloud business and in Groceries or Echo...amazing. This is where Apple has failed, it can’t make up its mind and get into something totally new, something disruptive. I mean it’s the biggest company in the world, if it can’t do it, who will. My message to Apple is do something wild...try...how about water purification or desalinization or wind turbines or Asteriod mining or something as simple as a round watch too...or build on it and get into medical products...or augmented reality based applications...there are so many areas to choose from. Apple doesn’t have to play safe, it can take a risk.