Analyst lowers prediction of iPhone XR shipments by as much as 30%
13 November, 2018, 20:17 | Author: Regina Silva
Lumentum executives told investors at a UBS Group AG conference in San Francisco that the customer asked to cut 3-D component shipments just days ago after having requested expedited orders in recent weeks.
"The legacy iPhone models forecast is likely to increase significantly thanks to more affordable prices; the total iPhone shipments in 1Q19 are likely to see a YoY decline", Kuo continued, citing Career and Nissha Printing as two suppliers that might be affected by Apple's cuts.
Analysts said that this could only refer to Apple.
JP Morgan analysts weighed in by cutting their price target for Apple by $4 to $270 pointing to poor orders for the new iPhone XR.
This isn't the first sign of bad news for the latest iPhones.
The slide may also reflect concerns that Apple knows that iPhone unit sales are going to go negative in the short-term, which is why it made a decision to stop reporting unit sales.
GALLERY: Hundreds show respects at Remembrance Day
Federal German President His Excellency Frank-Walter Steinmeier will also lay a wreath on behalf of the German people. Many of our readers had their cameras handy to capture their memories of this once-in-a-lifetime event.
Shares of Lumentum plummeted a record 30 per cent while Apple dropped as much as 4.1 per cent. Oclaro Inc., which is being bought by Lumentum, lost 11 per cent, on track for its biggest drop since April. The company said that it received reduced orders from a major tech firm that is one of its largest customers for 3D sensing components. These two companies are also Apple's 2nd and 3rd largest suppliers of VCSEL arrays - behind Lumentum - for augmented reality applications.
'Although Apple has positioned itself as a super-expensive handset maker providing high-end products, its strategy has not been working in emerging markets including China and India as Chinese vendors have been making iPhone-like products'.
Kuo last month predicted that more people would upgrade to the iPhone XR this year and that the Cupertino-based giant would sell its cheaper model better than the iPhone XS and iPhone XS Max.
Analysts interpreted the move as an indicator that Apple may have 'something to hide'. He also noted the latest version of iOS improved the performance of older iPhones.
"Longer-lasting products could lead to higher customer satisfaction, potentially enable Apple to charge higher prices for its devices, and would help fulfill the company's environmental objectives", Toni Sacconaghi, an analyst at Sanford C. Bernstein & Co., wrote Monday in a note to investors. For a decade, the iPhone has been the bellwether of a booming smartphone market.
Roberson was planning to take the police exam in pursuit of his dream of becoming a Chicago Police officer, according to WGN . Officers from Robbins, Illinois, and the nearby village of Midlothian were responding to reports of shots fired after 4 a.m.
"I think it's a really strong lawsuit", said constitutional attorney Floyd Abrams after Stelter asked if CNN had grounds to sue. Ms Sanders said he had behaved inappropriately towards the young woman. "You are a rude, bad person".
Bansal has strongly denied the allegation, according to a separate statement by Flipkart and its main shareholder Walmart. But Walmart expressed confidence in the leadership structure and says the transition was in the works for some time .
Even as she went off, she had great difficulty in even getting up after the slam and complained of stomach and backache. Another video of the woman wrestler knocking Rakhi Sawant in the ring has been shared by none other than Mika Singh .
Some former US officials suggested Trump could have visited the cemetery if he really desired. "There is always a rain option". More than 2,000 USA troops are buried at Aisne-Marne American Cemetery, where Trump was meant to visit on Saturday.
The Czech bullet train just could not be stopped as they seem on course for a fourth title in the past five years. It's disappointing for me 'cause I had like two match points but couldn't turn things around.
When Allen injured his elbow during an October 14 game at Houston, Peterman replaced him and threw the go-ahead touchdown pass. Prior to being released, Bills fans had actually set up a retirement fund to rid themselves of the former fifth-round pick .
Multiply that by 67 counties in the nation's third-most populous state, and the scope of the task was beginning to sink in Sunday. Sunday with officials recalibrating the machines that count the votes and performing a series of logic and accuracy tests.
Game of Thrones fans have been waiting to find out when the final season of their favorite fantasy series will finally arrive. The season will contain just six episodes, although they will reportedly be supersized - some as long as feature films.
To accessorize, the Duchess of Sussex opted for a simple black clutch with gold chain detailing and classic pumps (also black). This year marks the 100th anniversary of the end of World War I, which lasted from July 28, 1914, to November 11, 1918.
THE creative force behind Marvel Comics Stan Lee has died, aged 95. "The scale of his imagination was only exceeded by the size of his heart".
Hamas Missile Barrage Strikes Israel | Homeland Security
Following Sunday's raid, thousands in Gaza called for revenge for the death of Nur Barakah, a mid-level Hamas commander. In Israel, at least 10 people were injured in the rocket attacks, the news service reports , citing medical officials.
Now even the French Army is rinsing Trump about cemetery no-show
Also known as the Belleau Wood cemetery, the site is home to the graves of 2,289 American war dead and 1,060 names of the missing. More than 2,000 United States troops are buried at Aisne-Marne American Cemetery, where Trump was meant to visit on Saturday.
Grim search for more fire victims, 31 dead across California
The death total equals the 1933 Griffith Park disaster in California , which is the deadliest fire on record for the state. With 29 people confirmed dead and 228 still unaccounted for, the Camp Fire death toll is likely to climb, officials said.