• Apple to make 20 percent fewer new model iPhones this year: Nikkei

    4 monthes ago - By 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, Japanese financial daily the Nikkei reported on Friday, citing industry sources.
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  • Markets Right Now: Tech, retailers lead stock indexes lower

    4 monthes ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    9:35 a.m.
    Stock indexes are opening modestly lower on Wall Street as technology companies and retailers fall.
    Apple gave up 1.6 percent in the first few minutes of trading Friday and Amazon lost 0.8 percent.
    Verizon fell 1 percent after naming a new CEO, and Stitch Fix, an online clothing retailer, jumped 6.6 percent after reporting earnings and revenue for its latest quarter that came in well ahead of what analysts were expecting.
    The S&P 500 index fell 4 points, or 0.2 percent, to 2,765.
    The Dow Jones industrial average lost 43...
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  • Wall Street opens lower on iPhone worries

    4 monthes ago - By Reuters

    U.S. stock indexes opened lower on Friday led by falls in shares of Apple and its suppliers, including Advanced Micro Devices and Qualcomm, following a report that the iPhone maker was planning to produce fewer new phones this year than last.
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  • Apple slides after telling suppliers to slash production by 20%

    Apple slides after telling suppliers to slash production by 20%

    4 monthes ago - By Business Insider

    Apple reportedly told suppliers it will need 20% fewer iPhone components for the second half of the year.
    The stock sank more than 2% following the report from Nikkei Asian Review.
    Follow Apple's stock price in real-time here.
    Shares of Apple slid more than 2% in early trading Friday after the company told suppliers it would need 20% fewer parts for iPhones for the rest of 2018, according to the Nikkei Asian Review.
    Reuters reported that Apple expects total iPhone shipments this year to be 80 million - a steep decline from the 100 million that Apple had planned for the same time last...
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  • Apple plans to make 20 percent fewer new model iPhones this year: Nikkei

    4 monthes ago - By 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.
    Read more ...

     

  • Nikkei says iPhone orders down 20% in 2018. But, meh

    4 monthes ago - By Fast Company

    It's worth noting that supply chain rumors are frequently off the mark or the information they are based on is usually incomplete.
    The publication has warned that its sources in the Asian supply chain say Apple has asked its supply chain partners to prepare around 20% fewer components for the new iPhones expected in 2018 than they did in 2017. Specifically, one source told Nikkei :
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  • Apple warns suppliers of lower parts orders for new iPhones: Nikkei

    4 monthes ago - By Reuters

    Apple Inc has asked its supply chain to manufacture about 20 percent fewer components for iPhones in the latter half of 2018, the Nikkei Asian Review on Friday cited industry sources as saying, sending the iPhone maker's stock down 2 percent.
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