Apple Warns Suppliers of 20% iPhone Component Drop

09 June, 2018, 06:30 | Author: Regina Silva
  • Leonhard Foeger  Reuters

It says the iPhone, which has contributed to 86% of Apple's revenue growth over the past five years, will make up just 22% of the company's revenue growth over the next five.

The reported memo to suppliers is yet another milepost in Apple's transition from a hardware company to a more services-based business. Apple reportedly asked the supply chain to ship parts related to the OLED screens earlier to avoid the delay that forced Apple to release the iPhone X in November previous year, two months after the launch of the iPhone 8 and iPhone 8 Plus.

With the rumored 20% cut in supply chain orders, it would appear that Apple is targeting production of 80 million phones for its three new models.

Apple shares dropped 0.9% to 191.70 on the stock market today. Analysts suspect that the $1,000 iPhone X may be hurting demand, even though it was the best-selling smartphone in early 2018.

Apple is preparing to introduce three new iPhones in the fall, according to the report.

Melania had ‘big operation,’ can’t fly for a month, Trump reveals
The president previously has provided details to the public about his wife's medical procedure that turned out to be incorrect. A 4 hour operation and no flying for a month, as reported, sounds serious! Her style remained unchanged.


Global leaders discuss economic growth at G7 summit
Moreover, later news came that Trump had not only mentioned the possibility of a meeting but also invited Putin to Washington . He's in standoffs with Mexico, Canada, China, Japan and members of the European Union, the largest US trading partner.


Details of the first Game of Thrones spin-off have been revealed
History is long and full of terrors, and the next series in the Game of Thrones universe is going to show us all of 'em. Goldman will also serve as the showrunner (the role Benioff and Weiss had on Game of Thrones ).


Apple reported iPhone unit sales of 52.2 million in its most recent quarter, slightly below the Thomson Reuters consensus estimate of 52.3 million.

Kuo said that Apple is likely to launch a 6.5-inch OLED "IPhone X Plus", a second generation of iPhone X and an iPhone with a 6.1 inch screen.

US -based supplier Advanced Micro Devices (AMD.O), Micron Technology (MU.O) Intel (INTC.O), Broadcom Inc (AVGO.O) and Qualcomm Inc (QCOM.O) were all down between 1 percent and 4 percent.

"I am not overly concerned. about the lower supply speculations", he said. "Apple is doing enough in general to keep the ball moving forward", Forte said.

A supply chain source told the Asian news agency that Apple requested Foxconn and Pegatron to begin assembly in July for the OLED devices.

Recommended:

  • China reportedly stole secret U.S.  weapon plans in Navy hack

    China reportedly stole secret U.S. weapon plans in Navy hack

    The investigation into the breach, which is being jointly conducted by the Navy and the FBI, is now underway, The Post reported . The hackers reportedly gained access to signals and sensor data, as well as submarine radio information.
    Oh No: Ferrari mistakes Toronto for Montreal in tweet

    Oh No: Ferrari mistakes Toronto for Montreal in tweet

    Mercedes is leading both championships after six races, with Lewis Hamilton 14 points clear of Ferrari's Sebastian Vettel . McLaren are marking the 50th anniversary of the team's first win, by founder Bruce McLaren in Belgium on June 9, 1968.
    Victoria Beckham’s hubby breaks silence following split claims — David Beckham Instagram

    Victoria Beckham’s hubby breaks silence following split claims — David Beckham Instagram

    And now David , 43, has taken to social media to break his silence following his wife's rep shutting down the rumours. The former Spice Girl bumped into the former Manchester United footballer 21 years ago at a charity football match.
  • Massive news rocks Whittaker's UFC title fight

    Massive news rocks Whittaker's UFC title fight

    UFC main event fights in pay-per-view events have been dropping like flies these past few months and UFC 225 is no different. It would have been an opportunity for McGregor to win a title in a third weight class - something no UFC fighter has done.
    Sharapova hits back at Serena in book row

    Sharapova hits back at Serena in book row

    Muguruza will face world number one Simona Halep , who got the better of Angelique Kerber over three sets, in the semi-final. The two players are coming back from time away - Williams after having a baby daughter; Sharapova after a doping ban.
    Doug Ford rides populist wave to victory in Ontario, Tories form majority

    Doug Ford rides populist wave to victory in Ontario, Tories form majority

    After three terms on Hamilton council, she jumped to provincial politics in a byelection in 2004, becoming NDP leader in 2009. Approximately 9.8 million people were registered to vote today, and more than 768,000 voted in advance polls.
  • Hello Porsche Taycan: Tesla-rivaling Mission E gets its launch name

    Hello Porsche Taycan: Tesla-rivaling Mission E gets its launch name

    But the powertrain has been confirmed: Two permanently activated synchronous motors generating more than 600 horsepower combined. Some of the spotted cars have been wearing exhaust exit surrounds that were fake and fitted to hide the car's identity.
    Mayweather Becomes Highest-Paid Athlete With $275m A Night

    Mayweather Becomes Highest-Paid Athlete With $275m A Night

    The main reason - Conor is ranked better than basketball superstar in the Forbes list of world's highest-paid athletes for 2018 . The 100 highest-paid athletes earned a collective $3.8 billion during the past 12 months, up 23% from previous year .
    Halloween Reboot Trailer Is Here, And It's Terrifying

    Halloween Reboot Trailer Is Here, And It's Terrifying

    In other words-this is exactly what hardcore Halloween fanatics have been clamoring for, for literal decades. But here it is...the big trailer for Halloween we have been waiting months and months for.
  • French Open 2018: Rafael Nadal & Juan Martin del Potro reach semi-finals

    French Open 2018: Rafael Nadal & Juan Martin del Potro reach semi-finals

    Halep has been beaten in all of her previous Major final appearances, including at Roland Garros a year ago by Jelena Ostapenko. But Paris , to tweak the title of Ernest Hemingway's famous love letter to the city, has been a predictable feast for Nadal .
    US Soldier Killed, 4 Wounded in Attack in Somalia

    US Soldier Killed, 4 Wounded in Attack in Somalia

    The terrorist group al-Shabaab, the local al-Qaeda affiliate, has claimed responsibility for the attack. It was unclear whether all 800 US, Kenyan and Somali troops were present when the attack took place.
    Stephens looking forward to juicy semi with friend Keys

    Stephens looking forward to juicy semi with friend Keys

    Keys broke in the seventh game of the second set to maintain her ideal record in Paris , not dropping a set thus far. She will face world number one Simona Halep for the title on Saturday, in what should be an interesting match-up.


Popular

Lava from Hawaii's Kilauea volcano creates almost a mile of new land
The most recent eruption included new lava flows through Kapoho Beach Lots and Vacationland that destroyed almost 500 homes. David Ige signed a memorandum of understanding that freed up $ 12 million in immediate disaster relief to the island.

Anthony Bourdain seemed 'cheerful' at work this week, says an onlooker
Meanwhile, business analyst Darren Rovell tweeted, "Devastated to learn of Anthony Bourdain , whom I admired from afar". Remember that help is a phone call away U.S. :1-800-273-TALK UK: "116 123 (sic)".

G7 Summit set for 8-9 June in Quebec, Canada
On Wednesday, Trump's top economic adviser dismissed the hand-wringing over tariffs as little more than a "family quarrel". He is expected to leave the summit early on Saturday, missing sessions on climate change and the state of the oceans.

China's Xi touts Putin ties as United States tensions bring them closer
After the talks, Xi and Putin signed a joint statement, witnessed the signing of bilateral cooperation agreements and met the press.

Florida boy plays with inflatable alligator while real one lurks
Alligator expert at Gatorland Donny Aldarelli said people needed to be aware of alligators at this time of year. So perhaps the gator thought he was coming to hang with a friend? "I said to her, 'run, gator!"

Watch the heartbreaking first trailer for HBO's Robin Williams documentary
Billy Crystal talks about the amusing phone messages Williams would leave for him. It also has tons of archival footage that covers his entire life and career.

First Pacific hurricane of 2018 explodes to Category 4
Fortunately for Mexicans and travellers alike, the storm's track keeps it well offshore throughout its life cycle. Another disturbance trailing behind it has a high chance of developing into Tropical Storm Bud over the weekend.

Prosecutors Expand Manafort Charges, Add New Russian Defendant In His Case
Besides the president or his family, there is perhaps no bigger fish in the Russian Federation investigation than Manafort. An Atlantic profile earlier this week portrays Kilimnik as Manafort's long-time "aide-de-camp" in Eastern Europe .

Poundworld prepares to appoint administrators in bid to avert collapse
The retailer's management are understood to be in talks with other buyers, with founder Chris Edwards said to be among them. But it is thought that Poundworld's owners and advisers are still convinced a solvent sale can be achieved.

Earliest animal fossil footprints discovered in China
The fossil reportedly consists of two rows of imprints that represent the earliest known record of an animal that has legs. The scientists were examining a geological area known as the Denying Formation in the Yangtze Gorges area of South China .