Apple, Facebook, and Twitter each announced recently that they would stop disclosing some important data to investors.
Each said other figures better depict the health of their business.
But when companies cease reporting certain figures, it’s often a sign those particular results are starting to deteriorate.
Apple is a case in point; immediately after it announced it would no longer report the number of iPhones it sells, its smartphone sales started to drop.
It’s usually not a good sign when someone stops talking about a bit of information that they frequently bragged about in the past.
If your friends stop bragging about their dating lives, or how great things are going at work, you can probably bet that things have taken a turn for the worse.
So much more is the case when it comes to companies. When they stop disclosing certain numbers they were all too happy to share in the past, there’s a good chance it’s because those figures no longer put them in the best light and may actually highlight the fact that something is going seriously wrong with their business.
The tech industry of late has provided three high-profile examples of this truism.
In recent months, Apple, Facebook, and Twitter each announced that they …read more
Source:: Businessinsider – Technology