Analyst: February bad month for Apple suppliers

Analyst: February bad month for Apple suppliers
According to Brian White, an analyst with Topeka Capital, February was a bad month for Apple's suppliers. During a normal February, the vendors he tracks usually come in with an 8% drop in revenue for the second month of the year. For 2013 though, the decline was 31%, and according to White, it was the worst February on record. Even taking into account that the Lunar New Year took place right in the middle of the month, February 2013 was extremely poor for Apple suppliers.

As we told you on Sunday, contract manufacturer Foxconn reported a 25% drop in revenue in February from the prior year and analysts put some of the blame on smaller shipments of smartphones. Despite this news, Foxconn and TSMC, a chip foundry rumored to be getting large orders from Apple as a replacement for Samsung, are each adding 5,000 jobs. Both companies posted recruiting notices at an event attended by graduating university students. Foxconn is said to be looking to fill openings related to research and development for automated production, e-commerce, and robots. TSMC is looking for equipment managers.

source: electronista

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21 Comments

1. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

LOL Poor Apple... xD

17. Droiddoes unregistered

I know how they can get out of the slump: MORE LAWSUITS! That's worked swimmingly for them the last 6 months right? LOL

21. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

LOL. I wonder who will be the next target....... Sony? LG? HTC? Huawei? NAUGHTY APPLE xD

2. Peter27

Posts: 233; Member since: Jul 13, 2012

from here it is very steep way down the hill apple. fasten your seatbelts for a rough ride

3. ilia1986 unregistered

Bad month for Apple, good month for freedom and mankind.

4. rusticguy

Posts: 2828; Member since: Aug 11, 2012

And very very bad month for myxtyxpyx :D

10. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

Not really. Mxy will just deny it. I expect something along the lines of Apple has multiple sources of supply and that Taiwan is not the only element of Apple's supply chain. Nothing like a lie repeated multiple times in hopes it is confused for the truth.

5. gallitoking

Posts: 4721; Member since: May 17, 2011

wow,, HTC has had this for months., and they are still here.. releasing phones on schedule.. Apple is better than HTC so they will be fine.. so haters.. well you know what to do..

6. rusticguy

Posts: 2828; Member since: Aug 11, 2012

not to forget Both are bed-mates now :D

18. Droiddoes unregistered

or that gallito is a retard

11. lauremar

Posts: 181; Member since: Feb 29, 2012

Oh I'm sure Apple will be fine for as long as there are cult followers like you who will keep on buying their products no matter what, even though their phones get released on schedule, but underwhelm and disappoint other people in their right mind and stop buying them.

16. darkkjedii

Posts: 31039; Member since: Feb 05, 2011

They'll hate as always, and apple will continue rolling along making billions. Big business is always up, and down but apple continues to clock huge profits.

20. androiddownsouth

Posts: 598; Member since: May 02, 2012

Apple hasn't always been up dark. They have had ups and downs just like every other company, just not so much lately. If they can up their game with their next phone, they will make ridiculous money. If they disappoint like the iPhone 5 did many people I've seen in my store, they could be in trouble. Only time will tell.

7. InspectorGadget80 unregistered

Hahaha. Their declining let apple decline some more

8. quakan

Posts: 1418; Member since: Mar 02, 2011

It'll be interesting to see what happens in the coming months as to how will try and regain some momentum. I really think it's necessary to skip the iPhone 5S (unless iOS 7 is a game changer) and head straight for the iPhone 6.

9. Aeires unregistered

And all indicators pointed to a ramp up of smart phone sales as people transitioned away from feature phones. While one month doesn't make a true picture, it's not looking good for Apple should this be a long term trend.

12. MartianMe unregistered

AAAAHHHHH.......always good to hear these kind of news. AHA :D

13. Android4u

Posts: 456; Member since: Aug 16, 2012

Can somebody grab me a tissue

14. nikenturd unregistered

It will be worse from hereon Apple. I dont see them winning too many customers in the coming years. Android will always offer cheaper and better alternatives.

15. drnggaj33

Posts: 127; Member since: Feb 29, 2012

apple has had a bad couple of monthes there stocks the phone the os ...with samsung and motorola stepping up there game apple just looking old ....even blackberry os and phone looks good and im a big andriod guy

19. Droiddoes unregistered

Hey I know what else could turn things around: a wrist mounted ipod!

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