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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......»»

Category: topSource: digitimesMay 7th, 2020

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......»»

Category: topSource: reutersApr 28th, 2020

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......»»

Category: blogSource: 247wallstApr 22nd, 2020

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.....»»

Category: blogSource: theflyonthewallApr 17th, 2020

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.....»»

Category: topSource: marketwatchApr 17th, 2020

Apple"s factories are running, but suppliers wary about iPhone demand

As China reopens its economy after months of lockdown, Apple I.....»»

Category: topSource: reutersMar 27th, 2020

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.....»»

Category: blogSource: theflyonthewallMar 27th, 2020

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......»»

Category: topSource: moneycentralMar 26th, 2020

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......»»

Category: topSource: moneycentralMar 9th, 2020

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 .....»»

Category: topSource: marketwatchMar 6th, 2020

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.....»»

Category: blogSource: theflyonthewallFeb 18th, 2020

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......»»

Category: topSource: washpostFeb 18th, 2020

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 .....»»

Category: blogSource: benzingaFeb 18th, 2020

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......»»

Category: topSource: reutersFeb 18th, 2020

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......»»

Category: topSource: businessinsiderFeb 18th, 2020

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......»»

Category: topSource: washpostFeb 17th, 2020

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......»»

Category: topSource: reutersFeb 17th, 2020

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......»»

Category: topSource: moneycentralFeb 17th, 2020

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......»»

Category: topSource: moneycentralFeb 17th, 2020

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......»»

Category: topSource: washpostFeb 17th, 2020