Australia’s second largest telecommunications carrier Optus and its parent company Singtel have received a slap in the face from the S&P Global Ratings agency which downgraded the outlook on both companies over the next two years from stable to negative due to high debt levels.
The two largest smartphone sellers Samsung and Huawei managed to defy the global smartphone decline in shipments and grow numbers shipped solidly in the second quarter of 2019. Meanwhile third placed Apple saw iPhone shipments decline precipitously, according to a new report from global research firm Canalysis.
Getting away from the dewy eyed fanboys and looking dispassionately at the set of figures that Apple posted yesterday for its fiscal third quarter, one would have to say that there are some quite positive signs for the iconic company - with one massive proviso.
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