Apple Warns Suppliers of 20% iPhone Component Drop
09 June, 2018, 06:30 | Author: Regina Silva
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.
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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.
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.
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.
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.
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.
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.
Now, Gaga's changed up her look once more for her new role in " A Star Is Born " and she looks completely unrecognisable. The first official trailer for A Star Is Born has just been released and it features an appearance from Dave Chappelle .
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)".
Jay Dehmalo said most people "have no idea what we went through, and back then. nobody talked about anything". Despite the reaction to the obituary, Jay argued: "it really has helped us to finally get the last word".
Trump is in office", reported CBS . "We're not going to invite either team", Trump told reporters at the White House. Stephen Curry says he won't be attending any White House party should the Golden State Warriors win the NBA Finals.
Walmart and Kroger are cooperating fully with the investigation and have removed all cut melon associated with this outbreak. The departments are urging anyone who purchased pre-cut melon at either Walmart or Kroger to throw it away.
Canada has made ridding the world's oceans of plastic pollution a signature issue and it is a central theme of the summit. Canada has countered with a plan to impose tariffs of its own on USA metals and other consumer goods.
US Soldier Killed, 4 Wounded in Attack in Somalia
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Oh No: Ferrari mistakes Toronto for Montreal in tweet
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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.
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