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Taiwan FPCB makers see demand turn strong for Apple devices in 2Q20
Taiwan's flexible PCB makers in the supply chain of Apple devices have seen demand turn strong in the second quarter of 2020 to support robust sales of second-generation iPhone SE, new iPad and MacBook models, according to industry sources......»»
China discounts, cheaper iPhone to cushion Apple from virus blow to demand
Apple Inc's discounts on the iPhone 11 in China and the release of a new low-price SE model have put the company in a better position than rivals to weather a coronavirus-related plunge in global smartphone demand......»»
Apple Stock Expectations in the Recession Mismatched Against iPhone Demand Trends
Apple has recovered handily from its March lows as the market recovery has been strong. That said, Apple is running into headwinds that some investors may be ignoring......»»
Goldman says sell Apple as coronavirus dampens iPhone demand
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 downgraded to sell by Goldman Sachs as virus expected to hurt demand for iPhone, other products
Goldman Sachs downgraded Apple Inc. stock to sell on Friday and cut its price target to $233 from $250, as it reduced its earnings estimates for a third time since Feb. 17. Analysts led by Rod Hall said they are modeling a far deeper re.....»»
Apple"s factories are running, but suppliers wary about iPhone demand
As China reopens its economy after months of lockdown, Apple I.....»»
Apple iPhone demand destruction "intensifying," says Cleveland Research
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 price target cut on concerns about iPhone demand
Bank of America estimated iPhone shipments could decline by 13% in 2020 in a worst-case scenario......»»
Apple iPhone sales plunge in China
Apple sold fewer than half a million smartphones in China in February as the coronavirus outbreak halved demand for all such devices. Fred Katayama reports......»»
Apple"s iPhone "demand risk is increasing" in the near term, UBS says
UBS analyst Timothy Arcuri said that Apple Inc.'s "near-term demand risk is increasing" as the coronavirus impact continues to spread beyond China. "We had moved some demand from March into June but given the broader impact, we .....»»
Apple to likely miss mass production schedule for lower-cost iPhone, NAR says
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 says the coronavirus will cause it to miss its revenue goals
In a statement Monday, Apple said it expects iPhone shortages because manufacturing of the phone has been slower than expected. In addition, store closures in China have dampened demand for Apple products......»»
Apple Experts React To iPhone Maker"s Revenue Warning, Coronavirus Threat
Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by 2% early Tuesday morning after the iPhone maker said it doesn't expect to meet its prior fiscal second-quarter revenue guidance of $63 to $67 .....»»
Coronavirus threatens Apple supply chain, sales; shares drop
Shares of Apple Inc fell 2 % on Tuesday and dragged the stocks of its suppliers across the globe lower, after the iPhone maker warned of lower sales in the current quarter acknowledging that the coronavirus outbreak was pressuring its supply chain......»»
Global stocks tank after Apple warns Wuhan coronavirus is hammering sales
AP Photo/Richard Drew Stocks tumbled on Tuesday after Apple warned Wuhan coronavirus is hitting sales. The iPhone maker doesn't expect to hit its quarterly revenue target as the outbreak is hampering production and hurting demand......»»
Apple said it won’t meet its quarterly revenue goals because of coronavirus’s impact
The company said it expects iPhone shortages because manufacturing of the phone has been slower than expected. In addition, store closures in China have dampened demand for Apple products......»»
Apple unlikely to meet revenue guidance due to coronavirus impact
Apple Inc said on Monday it would not meet its revenue guidance for the March quarter because of the coronavirus outbreak slowing iPhone production and weakening demand in China......»»
Apple Won’t Meet Revenue Target Due to Coronavirus
Apple Inc. doesn’t expect to meet its revenue guidance for the March quarter due to work slowdowns and lower demand due to the outbreak of novel coronavirus in China......»»
Apple Won’t Meet Revenue Target Due to Coronavirus
Apple Inc. doesn’t expect to meet its revenue guidance for the March quarter due to work slowdowns and lower demand due to the outbreak of novel coronavirus in China......»»
Apple said it won’t meet its quarterly revenue goals because of the coronavirus’s impact on production and demand
In a statement Monday, Apple said it expects iPhone shortages because manufacturing of the phone has been slower than expected. In addition, store closures in China have dampened demand for Apple products......»»