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Apple Supplier AMS Cuts Forecast on Low iPhone Demand

Newsmax Thursday, 15 November 2018
Austria's AMS, which makes facial recognition technology, became the latest Apple supplier to cut its revenue forecast, adding to growing evidence that the latest iPhones are not selling well.
Credit: Wochit Business - Published < > Embed
News video: Apple Stock Takes A Dip

▶ Apple Stock Takes A Dip 00:32

On Monday, Apple shares slid after a series of bad data points for iPhone demand. JPMorgan analysts said iPhone unit sales could decline on an annual basis in both 2018 and 2019. TF International Securities analyst Ming-Chi Kuo cut his forecast for iPhone XR shipments from 100 million to 70 million....

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Worried about yet another Apple supplier cutting its third-quarter revenue forecasts. Cirrus Logic said that the cut was "due to recent weakness in the smartphone market." TheStreet contributor Ron..

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Apple Supplier Updates Outlook [Video]Apple Supplier Updates Outlook 00:33

Cirrus Logic, Inc. is a supplier for Apple. The company is a leader in high performance, low-power ICs for audio and voice signal processing applications. Business Insider reports the company..

Credit: Wochit - Published

Apple Sliced Once Again [Video]Apple Sliced Once Again 00:42

Apple got its price target sliced by Goldman Sachs for the third time this month, citing signs of weak iPhone demand in China and other emerging markets. The smartphone giant reported underwhelming..

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Apple Shares Drop With iPhone Supplier Cutting Forecast

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Morgan Stanley cuts Apple stock price target over weak Chinese iPhone demand

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Ming-Chi Kuo cuts first quarter iPhone sales estimates by 20%, says iPhone XR demand is low

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