The fourth quarter of 2018 hasn’t exactly been smooth sailing for Apple. After seeing its share price skyrocket for months, Apple finally became the first company in history to cross the $1 trillion mark in market capitalization earlier this year. But things quickly turned south following multiple independent reports that Apple had cut iPhone production several times due to lower than expected demand. Making matters even worse, Apple announced that it would stop reporting iPhone units sales figures along with its quarterly reports. The move sent speculation swirling that Apple might see no end insight to declining iPhone sales, and the company’s stock plummeted even more as a result. Apple shares have lost more than a quarter of their value in just two months, and Apple’s market cap fell to $715 million as of Friday’s close.
On the product side, things have been a bit of a roller coaster ride as well this year. Apple’s current iPhone, iPad Pro, and Mac computer lineups are the company’s best ever, but little problems keep popping up. Last week people began complaining that their new iPad Pro tablets were being delivered bent, and now people from all over the world are saying that Apple’s latest iOS 12.1.2 update is crippling their iPhones.
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Apple’s iOS 12.1.2 update is reportedly breaking some core iPhone features originally appeared on BGR.com on Mon, 24 Dec 2018 at 08:19:38 EDT. Please see our terms for use of feeds.
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