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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
An Idaho man says his new 8-week-old puppy appears happy and healthy despite being flown across the country to the wrong airport -- landing in Las Vegas and Salt Lake City before finally arriving in his arms Sunday.Owner Josh Schlaich had vented his frustration with Delta Air Lines on Facebook when the white and brindle puppy failed to arrive Saturday as scheduled and he was unable to get any answers by phone.According to Delta, the dog left Richmond, Virginia, and was due to fly into Boise on Saturday evening, connecting in Detroit and Minneapolis. But Delta says there was a mixup somewhere between Richmond and Boise -- and Schlaich actually received the wrong puppy when he arrived at the airport. Delta is investigating to determine where and how the mixup happened.When Schlaich realized that his dog was missing, he started working with Delta officials to track down his puppy.Schlaich's dog ended up spending Saturday night in a kennel in Detroit. Sunday morning, the puppy was flown to Minneapolis -- but then Delta said it "misrouted" the puppy and it ended up in Las Vegas. The puppy was then put on a plane to Salt Lake City, finally making it to Boise on Sunday night.Delta said the puppy was given food and water and let out of its crate periodically throughout the journey.In his Facebook post, Schlaich said he received a call from someone at the Delta terminal in Detroit about his dog's whereabouts, but then he got the runaround."Was then given the number of the boarding facility -- a disconnected line. Was not given a call back number by Detroit person, and the customer service would not give me their direct line. Tried calling Delta Cargo customer service, only to be yelled at by the rep and hung up on. No idea where my dog is, or what conditions he'll be placed under for the next 24 or more hours. Don't know when he will come into Boise tomorrow. No idea who to call. Absolutely ridiculous customer service."After Delta responded, Schlaich posted two updates to say the dog was delivered and safe."Local Delta reps (in Boise) did their best and were very helpful, but corporate and I will be having a thorough conversation tomorrow," he wrote.Schlaich later said Delta was "working hard to make this right."In a statement to CNN, Delta said it apologized for the mix-up and has fully refunded the dog's shipping costs and started a review of its procedures."We know pets are important members of the family," the airline said.It's at least the fourth airline error involving an animal in a week.On March 12, a French bulldog died on a United Airlines flight from Houston to New York after a flight attendant told its owner to put the dog, in its carrier, in an overhead bin. By the time the flight was over, the dog had died.A United spokesman said the passenger told the flight attendant there was a dog in the carrier, but the attendant "did not hear or understand her, and did not knowingly place the dog in the overhead bin."Tuesday, United flew a 10-year-old German shepherd to Japan when it was supposed to land in Kansas. The dog was mistakenly switched with a Great Dane that landed in Kansas instead.Two days later, United diverted a St. Louis-bound flight to Akron, Ohio, when it realized a pet was loaded onto the flight in error.The-CNN-Wire 3297
An Indiana man faces charges for leaving a loaded gun in the car with his family as he shopped, after his 3-year-old daughter accidentally shot her mother, police said.Shanique Thomas, the woman who was shot, told police she was unaware that Menzo Brazier, 21, was carrying his weapon when they left their residence in Michigan City, Indiana.They brought along their children, a 3-year-old and a 1-year-old, the Merrillville, Indiana, Police Department said. Brazier asked if Thomas wanted to join him as he went to a nearby store and tried on clothes.But Thomas is seven weeks pregnant and told police she was feeling ill. So she decided to stay in the car, which was parked in the lot in Merrillville, with the children while Brazier shopped.Brazier left the loaded Glock19 9mm handgun between the center armrest and the front passenger seat, police said. His 3-year-old daughter got hold of it, and Thomas told police she heard a "loud pop, like a balloon." Then she realized the blood she saw was coming from her own body.The bullet went through the driver's seat where she was sitting and struck her back.She got out of the car to make sure her children were safe. That's when she found the gun, now in the backseat. Brazier was charged with two counts of criminal recklessness and two counts of neglect of a dependent."We just heard screaming," Hadassah Zirkle, a Plato's Closet employee, told CNN affiliate WLS. "We ran outside with a bunch of other people."The children were placed in custody of the Indiana Department of Child Services and remain there."The first thought was to get the kids out of there," Rebecca Todd, another employee, told WLS. "We grabbed them. We brought them inside, and we just tried comforting them as best we could."According to police, Thomas had surgery for the injuries and suffered nerve damage. 1848
ARLINGTON, Texas (AP) -- Fernando Tatis Jr. homered twice, including a grand slam for his major league-leading 11th of the season, and the San Diego Padres routed the Texas Rangers 14-4 to stop a five-game losing streak.Tatis had a career-high seven RBIs, and the 21-year-old's first career slam pushed him past Mike Trout, who started the night with 10 homers.However, Tatis’ home run in the top of the eighth inning drew the ire of Rangers manager Chris Woodward. Already leading 10-3, Tatis stepped to the plate with the bases loaded and worked the count to 3-0. The shortstop crushed the next pitch to right field for his first career grand slam.According to Padres beat writer AJ Cassavell, Woodward said after the game: “There's a lot of unwritten rules that are constantly being challenged in today's game. I didn't like it, personally. You're up by seven in the eighth inning; it's typically not a good time to swing 3-0. It's kind of the way we were all raised in the game. But, like I said, the norms are being challenged on a daily basis, so -- just because I don't like it doesn't mean it's not right.”In response, Padres starter Zach Davies told Cassavell: “Make sure your 3-0 pitch is a little bit better.”Former Rangers top prospect Jurickson Profar took part in the Padres’ scoring spree with a two-run double in a five-run second inning.Jordan Lyles, a former Padre, took the loss. He has an 8.35 ERA in four Texas starts. 1447
ARCADIA, Calif. (AP) — A fifth horse has died at Santa Anita this fall, the 35th overall fatality since Dec. 26 at the Southern California racetrack.G Q Covergirl injured both her front legs Friday on the training track. The 5-year-old mare was euthanized on the advice of the attending veterinarian.Trained by two-time Kentucky Derby winner Doug O'Neill, G Q Covergirl had six wins in 16 career starts and earnings of 0,730. She had won her last two starts and finished in the money in all of her six races this year. O'Neill also owned the mare in a partnership.The training track has caused the fewest number of breakdowns. However, there have been three deaths on it since the fall meet began on Sept. 27, including one that was believed to be a heart attack. The other two fatalities occurred during races.Santa Anita hosts the Breeders' Cup world championships next weekend. 891