Apple cuts current-quarter production plan for new iPhones by 10 percent: Nikkei

Apple Inc is cutting its production plan for new iPhones by about 10 percent for the January-March quarter, the Nikkei Asian Review reported on Wednesday......»»

Apple, which slashed its quarterly sales forecast last week, has reduced planned production for its three new iPhone models by about 10 percent for the January-March quarter, according to the Nikkei Asian Review on Wednesday. David Pollard reports......»»

Citi Research on Friday slashed its first-quarter production estimates for Apple Inc's iPhones and nearly halved expectations on the costliest iPhone XS Max, joining other brokerages in lowering forecast amid reports of weak demand......»»

Production decimated for the current quarter, Nikkei reports. More depressing news for Apple investors reeling from the recent downward revenue forecast for .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Apple Apple's wildly popular wireless headphones, Apple AirPods, are facing shortages. Manufacturing has become increasingly difficult as China, where the headphones are made, deals with the brunt of the Wuhan coronavi.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Apple Inc's plan to ramp up iPhone production by 10% in the first half of this year may hit a roadblock as the coronavirus outbreak spreads across China, the Nikkei Asian Review reported on Tuesday......»»

More than a quarter of people who use video streaming services —nearly 27 percent — plan to sign up for the Disney platform......»»

Halliburton Co on Monday beat analysts' estimates for second-quarter profit as its Completions and Production unit outperformed expectations, pushing its shares up 6.8 percent in early trading......»»

Palo Alto-based HP Inc. plans to move up to 30 percent of its laptop production out of China, amid concerns about President Donald Trump’s continuing trade war with China, the Nikkei Asian Review reports, citing unnamed sources. 
Alphabet Inc.....»»

Palo Alto-based HP Inc. plans to move up to 30 percent of its laptop production out of China, amid concerns about President Donald Trump’s continuing trade war with China, the Nikkei Asian Review reports, citing unnamed sources. 
 Alphabet Inc.'s G.....»»

In a meeting on Monday, July 1, OPEC agreed to extend current oil production cuts into the first quarter of 2020. The price of WTI crude is $58.65 per barrel curren.....»»

Nissan Motor Co Ltd will cut global production by about 15 percent for the current fiscal year ending March 2020, as it shifts away from the aggressive expansion campaign promoted by former Chairman Carlos Ghosn, the Nikkei newspaper reported on Friday......»»

A temporary production halt threatens Tesla's plan to build 5,000 Model 3 sedans a week by the end of the current quarter. But the company got some good news from China that may help it get a Chinese........»»

Apple Inc (NASDAQ: AAPL) shares rose more than 4 percent following a second-quarter earnings report after Tuesday's close. read more.....»»

(Reuters) - Shares of Apple Inc rose 3 percent on Wednesday after the company's quarterly report and current-quarter iPhone sales forecast calmed investor nerves about a potential slowdown in sales of its flagship product......»»

(Reuters) - Apple Inc expects to ship 80 million new model iPhones this year, down 20 percent from what it had planned at the same time last year, the Nikkei reported on Friday, citing industry sources......»»

Apple Inc has asked its parts suppliers to manufacture about 20 percent fewer components for iPhones in the second half of 2018, the Nikkei on Friday reported, sending the iPhone maker's stock down 2 percent......»»