Listen Now: Apple’s CES Dig Knocks Facebook, Amazon, and Google
Apple is rebounding from a tough week with a little dig at the competition.
Recently it was revealed the tech giant sold fewer iphone’s than expected this past quarter. Apple’s explanations for the dismal numbers included people holding on to old models longer and a trade war with China.
Whatever the reason, it was a shock for investors who saw the iPhone as an endless money maker. So how is Apple responding? This past week the world’s largest consumer electronics show kicked off once again in Las Vegas; an assortment of all the latest technology and gadgets about to be rolled out on the market.
Apple has never felt it necessary to have a presence there, until now. In the wake of its low sales Apple took out a billboard near the show that read, “what happens on your iPhone, stays on your iPhone.” A nod to the famous Las Vegas tagline, but a subtle reminder that some of its biggest high tech rivals for investor dollars, Facebook, Amazon and Google have a lot of privacy questions to answer from consumers and congress.
CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.
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