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Are Apple's glory days behind it? That's probably a stretch. But Wall Street clearly is getting more worried about the company's reliance on the iPhone to generate sales and profit at a time when demand for the newer phones appears to be subpar.Shares of Apple (AAPL) fell 3% Wednesday and that was one of the big reasons why the Dow, which includes Apple, fell 300 points. Apple's stock briefly dipped into bear market territory, meaning it was down more than 20% from its all-time high.The reason for the Apple slide? Several companies that produce chips and other components used in iPhones have all issued gloomy forecasts recently, citing sluggish demand for higher-end smartphones.Although none of these companies, which include Qorvo (QRVO), Lumentum (LITE), Japan Display and IQE, have named Apple as the source of their woes, they are all Apple suppliers.But it may not be time to throw in the towel on Apple just yet, even though some analysts are cutting their price targets and earnings estimates due to concerns about soft sales for the newer iPhone XR, iPhone XS and iPhone XS Max.Apple's stock is still up more than 10% this year, making it one of the better performers in the Dow. The company is still worth nearly 0 billion. It remains the most valuable company in the world.Apple also continues to pay a solid dividend that yields 1.5% -- and the company is likely to keep raising its dividend thanks to its cash stockpile of 7.1 billion.What's more, Apple's earnings are expected to increase by more than 13% this fiscal year and keep growing at about a 12% clip annually, on average, for the next few years.So predictions of an Apple iPocalypse, if you will, may be premature. But it does seem like the company needs a new product to get consumers and investors excited again.Perhaps Apple needs to take a cue from the movie "This Is Spinal Tap" and release a new iPhone that goes to eleven. But would it be the iPhone 11 or iPhone XI? 1969

Amherst, New York Police are investigating a large fight that broke out Saturday around 8 p.m. at a Chuck E. Cheese. A video, courtesy of Jay Keenan of Lockport, shows the chaos inside the restaurant, which he says was going on for two minutes before he started recording. At one point Keenan says a woman was hit in the head with a booster seat. Keenan says he'll never take his children back there.Police say everyone dispersed once officers arrived and no arrests were made. 530

Apple iPhone fans love the edge-to-edge glass of the new X models. But some phone testers claim the new iPhone XS and larger XS Max are easier to break if they are dropped.  A new test from the electronics insurance company SquareTrade is raising questions about that glass and the durability of the new phones.In SquareTrade's drop from 6 feet, (which the insurance company claims simulate the height it would fall from if it slipped while you were talking) the XS screen shattered, resulting in loose and separated glass.A tumble test resulted in hairline cracks and scratches.SquareTrade calls the iPhone XS "high risk" for breakage, much higher than the older iPhone 7's and 8's, which did not have edge-to-edge glass.Others question SquareTrade resultsHowever, other reviewers say these tests may not be that realistic for most people.Apple says the new XS has "the most durable glass ever built into a smartphone."Other testers say unless you are in the NBA, most people don't drop their phones from a 6 foot height. They tend to drop them 3 feet, from pocket or purse level, such as when you are rummaging for keys. The tech review site CNET conducted its own tests, and says the phones sustained no damage from a 3-foot level onto a sidewalk.Panicking over this may be a case of "doesn't that stink."CNET says the new phones should be fine if they're inside a case and dropped from your pocket or tabletop. Bottom line: Buy a good case for any new phone, one that is rated for drop protection and is not just decorative.That way it stays safe and you don't waste your money._______________"Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps")."Like" John Matarese on FacebookFollow John on Twitter (@JohnMatarese)For more consumer news and money saving advice, go to www.dontwasteyourmoney.com 1901

As Columbus, Ohio’s mayor announced that the city’s statue of Christopher Columbus will come down, a petition is circulating to rename the city “Flavortown.”The legacy of Christopher Columbus has come into focus as the country comes to grips with the United States’ past with racism.The Christopher Columbus statue at Columbus’ City Hall is one of several across the country that are slated to come down. Statues in both San Francisco and Sacramento are also in the process of being removed.A separate statue of Christopher Columbus in Columbus, Ohio, will come down from the center of Columbus State Community College's campus. As of late Friday, more than 8,000 petitioners are calling for Columbus, Ohio’s renaming to Flavortown.“Columbus is an amazing city, but one whose name is tarnished by the very name itself,” the petition reads.“Why not rename the city Flavortown? The new name is twofold,” the petition adds. “For one, it honors Central Ohio's proud heritage as a culinary crossroads and one of the nation's largest test markets for the food industry. Secondly, cheflebrity Guy Fieri was born in Columbus.”Flavortown is Fieri's catchphrase, which he often says on episodes of "Diners, Drive-ins, and Dives." Over the years, historians have accused Columbus of participating in slavery, murder and other atrocities against American natives in the 15th century. Despite this, Columbus was long hailed as a hero to the west, with a national holiday bestowed in his honor.“For many people in our community, the statue represents patriarchy, oppression and divisiveness. That does not represent our great city, and we will no longer live in the shadow of our ugly past,” Columbus Mayor Andrew Ginther wrote in a statement. “Now is the right time to replace this statue with artwork that demonstrates our enduring fight to end racism and celebrate the themes of diversity and inclusion.”A number of residents responded to Ginther in opposition to removing the statue, citing that the statue represents the city's and country's history. 2050

An international flight from Dubai to Amsterdam had to make an emergency landing last week on a Transavia Airlines flight after a fight broke out due to a passenger's flatulence, according to the Dutch De Telegraph.According to the report, two sisters complained about a man passing gas on board of the flight. When the Transavia Airlines crew failed to do anything about the flatulence, that is when the passengers allegedly got physical. Nora Lachhab, 25, and her sister, were forced off the plane by police in Vienna for allegedly getting physical with other passengers. Lachhab told De Telegraph that the allegations are untrue. "The strange thing is that we also had to leave the aircraft. While we did not know these guys at all. We happened to be in the same row, but did not do anything to justify the bizarre behavior of the Transavia crew,"Lachhab told De Telegraaf.According to De Telegraaf, four passengers, including those accused of passing gas, were barred from flying on Transavia Airlines. "That is unacceptable. Our crew must ensure a safe flight," an airline spokesperson told De Telegraaf. "When passengers pose risks, they immediately intervene. Our people are trained for that. They know very well where the boundaries are. Transavia is therefore square behind the cabin crew and the pilots."An unidentified passenger told De Telegraaf that Transavia Airlines' response was an over reaction. 1541

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