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.
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.
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.
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)".
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
Tensions high as G7 Summit kicks off in Quebec
Mr Trudeau has described the United States claim that the tariff decision was taken on national security grounds as "insulting". Trump's comment on Twitter sets the stage for what could be an uncomfortable confrontation over economic policy on Friday.
Watch the first "A Star Is Born" official trailer
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 .