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

Apple Inc , 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, the Nikkei Asian Review reported on Wednesday......»»

Category: topSource: reutersJan 9th, 2019

Apple cuts Q1 production plan for new iPhones by 10 pct - Nikkei

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......»»

Category: videoSource: reutersJan 9th, 2019

Apple cuts first-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......»»

Category: topSource: reutersJan 8th, 2019

Apple Reportedly Slashes iPhone Production Yet Again

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

Category: europeSource: fortuneJan 9th, 2019

Citi cuts Q1 iPhone production estimates on weak demand

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......»»

Category: topSource: reutersDec 28th, 2018

Apple Inc. (NASDAQ:AAPL) iPhone Production Shifts To Older Models

Apple Inc. (NASDAQ:AAPL) iPhone Production Shifts To Older Models Apple has increased production of the year-old iPhone 8 and two-year-old iPhone 7 in the current quarter by a combined 5 million units. Meanwhile, it is lowering its production .....»»

Category: topSource: livetradingnewsFeb 28th, 2019

People Are Waiting Four Years to Upgrade iPhones, Analyst Says. That’s Not Good for Apple

"Current upgrade rates have slowed dramatically and may be lower than investors realize." It’s been a tough several months for Apple. The company’s stock has lost more than a quarter of its value since Octobe.....»»

Category: europeSource: fortuneFeb 8th, 2019

Foxconn Cuts 50,000 Jobs Due To iPhone Sales Slowdown

In the latest indication that the slump in sales of Apple's most recent batch of iPhones isn't a transitory trend, Nikkei Asia Review on Friday reported that Foxconn, one of Apple.....»»

Category: blogSource: zerohedgeJan 18th, 2019

Apple To Cut First Quarter iPhone Production 10%–Source

On the heels of a cut in earnings expectation for the final quarter of last year and comments by CEO Tim Cook about sales challenges in China, Apple has hit another hurdle. The Nikkei Asian Review........»»

Category: blogSource: 247wallstJan 8th, 2019

Apple Stock Is Tumbling After It Warned of Weak iPhone Sales in China

In a surprising move, Apple reduced its revenue guidance for the current quarter, citing weakness in China and with its latest line of iPhones......»»

Category: topSource: barronsJan 3rd, 2019

S&P 500 futures fall sharply after Apple cuts guidance

S&P 500 futures fell 1.5 percent as trading resumed late on Wednesday after Apple cut its forecast for the holiday quarter......»»

Category: topSource: reutersJan 2nd, 2019

Wall Street ekes out gains, Apple cuts revenue forecast after the bell

Wall Street edged nominally higher on Wednesday after stumbling out of the starting gate on the first trading day of the new year, as fears of a global economic slowdown were exacerbated after Apple Inc cut its current quarter revenue forecast......»»

Category: topSource: reutersJan 2nd, 2019

Apple may cut March-quarter iPhone production by 4 million units, Rosenblatt says

Rosenblatt analyst Jun Zhang wrote Thursday that he thinks Apple "may cut another 4 million iPhones" from its production plans for the March quarter. He said this would "likely" include 2.5.....»»

Category: topSource: marketwatchDec 20th, 2018

After iPhone Production Cuts, Is Apple's Dividend at Risk? - Motley Fool

Motley FoolAfter iPhone Production Cuts, Is Apple's Dividend at Risk?Motley FoolThe news flow about the sales performance of Apple's (NASDAQ:AAPL) latest iPhones hasn't been great. That stream of negativity, which includ.....»»

Category: topSource: googlenewsDec 2nd, 2018

Apple slices production plan for iPhones

Apple has cut production orders in recent weeks for three iPhone models launched in September. Fred Katayama reports......»»

Category: topSource: moneycentralNov 19th, 2018

Apple slices production plan for iPhones

Apple has cut production orders in recent weeks for three iPhone models launched in September. Fred Katayama reports......»»

Category: videoSource: reutersNov 19th, 2018

Goldman Cuts Apple: Sees 3% Revenue Drop, 15 Million Fewer iPhones Sold On Weaker Chinese Demand

One day after Apple stock plunged  5% when 3D sensor supplier Lumentum (LITE) reduced its December quarter revenue guidanc.....»»

Category: blogSource: zerohedgeNov 13th, 2018

Broadcom sees fourth-quarter boost from data center demand, iPhone launch

Broadcom Inc on Thursday forecast current-quarter revenue largely above estimates on higher demand for components that power data centers, while the launch of Apple Inc's new iPhones is expected to bolster its wireless business......»»

Category: topSource: reutersSep 6th, 2018

Apple nears $1 trillion as bright forecast highlights future demand

Shares of Apple Inc touched the $200 mark for the first time and neared a $1 trillion valuation on Wednesday, after the company forecast blowout current-quarter sales and analysts said a September launch of new iPhones set the stage for sustained growth......»»

Category: topSource: reutersAug 1st, 2018

Apple shares hit record as bright forecast highlights future demand

Shares of Apple Inc hit a record high on Wednesday and neared a $1 trillion valuation, after the company forecast blowout current-quarter sales and analysts said a September launch of new iPhones set the stage for sustained growth......»»

Category: topSource: reutersAug 1st, 2018

Apple earnings beat expectations on sales of pricer iPhones

Apple Inc on Tuesday posted quarterly results that topped Wall Street targets and forecast revenue in the current quarter above expectations, driven by sales of higher-priced iPhones and revenue from services like the App Store, Apple Music and iCloud......»»

Category: topSource: moneycentralJul 31st, 2018