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One of the challenges of writing on the Internet – of writing in general, in fact – is the understandable propensity of readers to draw but one conclusion from what you intend to be a nuanced piece.

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Apple’s iPhone Revenue Drops 17%

Apple reported another quarterly decline in profit and revenue, as iPhone sales fell 17%. Shares, though, rose in after-hours trading as the company raised its dividend and said it planned to buy back more stock.

Read more: https://on.wsj.com/2J3nkeo

The iPhone Franchise

Apple released a new flagship iPhone yesterday, the iPhone XS. This isn’t exactly ground-breaking news: it is exactly what the company has done for eleven years now (matching the 11-year run of non-iOS iPods, by the way1).

Read more: http://bit.ly/2xcg60X

Stratechery by Ben Thompson

Let’s start with the caveats: no, Tesla did not sell 276,000 Model 3’s in three days;1 that is the number of fully refundable pre-orders that required a deposit of “only” $1,000.2 And yes, Tesla has a history of delivering cars late and with a higher price than expected.

Read more: http://bit.ly/1SbGeZW

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