Apple reportedly slashes production orders for iPhone XR and XS
21 Novembre, 2018, 01:30 | Auteur: Auguste Feret
Weaker demand in China is also reportedly another reason for the cuts.
"In addition to weakness in demand for Apple's products in China and other emerging markets it also looks like the balance of price and features in the iPhone XR may not have been well-received by users outside of the USA", the analysts wrote.
Another supplier Analog Devices Inc (ADI.O) is expected to report fourth-quarter results before markets open on Tuesday.
According to the report, there is lower than expected demand for Apple's new iPhones, and "the company's decision to offer more models created turmoil along its supply chain and made it harder to predict the number of components and handsets it needs".
The report repeats earlier claims that iPhone XR production will be cut by a third, though the reduction in iPhone XS and XS Max orders don't appear as severe. "In addition to weakness in demand for Apple's products in China and other emerging markets, it also looks like the balance of price and features in the iPhone XR may not have been well received by users outside of the United States".
Pourrait sortir une nouvelle Xbox One en 2019 — Microsoft
Pas de panique pour les utilisateurs disposant d'une grande collection de jeux Xbox sur support matériel, Microsoft pense à tout. C'est la rumeur du week-end, il semblerait que Microsoft songe à proposer bientôt une " nouvelle " Xbox One .
The rest of the so-called FAANG stocks-Facebook Inc, Amazon.com Inc, Apple, Netflix Inc and Google (Alphabet Inc.)-shed between 3% and 1.3%.
Analysts at Cowen & Co expect a modest hit from iPhone production cuts on memory chipmakers like Western Digital Corp.
The brokerage forecast a 10 cent headwind to Micron and 15 cent headwind to Western Digital in the fourth quarter of 2018 and the first quarter of 2019 on lower iPhone builds.
A 2.6% decline in technology shares and 1.3% fall in consumer discretionary stocks led eight of the 11 major S&P sectors lower.
Apple did not respond to a request for comment outside regular business hours.
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