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Earnings announcements tomorrow:
- Intel Corp
- Costco
- UNP
- IBM
- Intuit
- CSX
- BHI
Parting gift: Apple CEO Tim Cook gifted former US president Trump with the first 2019 Mac Pro that came off the assembly line in Austin, Texas. "Mac Pro Computer, the first created at the Flex Factory in Austin,
Texas," reads the entry, which values the machine at $5,999, the base
price for a Mac Pro.
Apple: Apple is shifting some production from iPhone 12 mini to iPhone 12 Pro to meet demand. Think about that. Data points:
- apparently cutting production of the iPhone 12 mini by two million units;
- made the switch in 1Q20 in an effort to combat continuing lead times for the more popular iPhone 12 Pro
- iPhone 12 Pro lead times remain extended far beyond any model launched in the past four years at ten days
- lead times decreased from 22 days to 24 days with recent switch in production
- the non-Pro iPhone 12 models are believed to be performing better in China than in the United States. In China, the iPhone 12 is believed to have gained a 20.3 percent market share, which is a new 18 month high. The device is also said to have achieved the largest install base of any iPhone launched in China over the past four years through the first full month after being launched.
- as for me: it's difficult to wait until January 27, one week from today, for Apple's earnings report.
Apple: wow! LG considering to exit from smartphone business.
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