Apple stock slides on report of slowing iPhone 6s demand

Apple stock slides on report of slowing iPhone 6s demand
Citing a reduction in iPhone supply chain orders, Credit Suisse issued a report that sent Apple's share down more than 3%, as its earnings estimates have been this slashed. Probing their Asian branch, а Credit Suisse analyst has found out that a number of Apple's component suppliers for the iPhone 6s, like Dialog Semiconductor, have posted weaker than expected performance and lowered forecast for this quarter, citing as much as 10% cut in orders from Apple.

It's not the first time we are hearing reports on iPhone 6s component orders reductions, though the last analyst memo was for as much as a 15% cut across the suppliers' board. In any case, the expected iPhone shipments are now estimated to be below 80 million for this, and 45-50 million for the next quarter. Credit Suisse also made an adjustment in the total annual forecast for the upcoming calendar year next calendar year from 242 million to 222 million iPhones sold, reflecting the purported tapering demand for the iPhone 6s

According to contrarian investors, Apple's upgrade cycle has hit a plateau with the iPhone 6s, which hasn't made as many owners of the iPhone 6 to switch, as there were jumps from the 4" iPhone 5s to the 4.7" iPhone 6 last year. Despite all the other devices and services that Apple sells, the iPhone is still its bread-and-butter business, so any leveling off in its demand will result in tepid earnings growth for Apple, which is seemingly enough to spook investors these days, regardless of the company's $200+ billion cash pile.

Apple stock slides on report of slowing iPhone 6s demand

Related phones

iPhone 6s
  • Display 4.7" 750 x 1334 pixels
  • Camera 12 MP / 5 MP front
  • Processor Apple A9 APL0898, Dual-core, 1840 MHz
  • Storage 128 GB
  • Battery 1715 mAh(14h 3G talk time)

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62 Comments

1. GreenMan

Posts: 2694; Member since: Nov 09, 2015

Celebration by Android Users commencing... NOW!!! P.S Not an Iphone or Android User. I'm a DIE HARD NOKIA CUSTOMER, former user of S40/60, Symbian who's currently on Window Phone 8.1... And quite honestly, WP Users are the most rational & level-headed people you'd find on any smartphone centered or related blog/forum (FACT)...

3. Crispin_Gatieza

Posts: 3088; Member since: Jan 23, 2014

You had me until the level headed comment. Go to Windows Central and you'll see a bloodbath of whining and crying like no other place.

24. ZeroCide

Posts: 808; Member since: Jan 09, 2013

I do go to Windows Central. Although there is a lot of whining there I do also see a lot of trolling and misguided posts from NON WP users. Often I wonder how many people are there just to post fake comments and just plain troll. I have seen posts on there that are blatantly false and I often call them out on it. Not sure why anyone would go to a windows only site to just post about how ios or android is better or even just plain bash the OS that is still in development.... They must have no life.

34. Crispin_Gatieza

Posts: 3088; Member since: Jan 23, 2014

Same reason people troll on this site, never been laid.

47. JeanMouloud

Posts: 10; Member since: Mar 14, 2015

Define "fake comment".

57. TechKnowledge

Posts: 55; Member since: May 05, 2013

I am a fan of Microsoft and Windows devices. I frequent sites like WMPoweruser and WindowsCentral. I have to agree with you on the "Whining and Crying" remark. Tasteless and annoying to say the least.

8. tedkord

Posts: 17085; Member since: Jun 17, 2009

Sure.

31. techandbeers

Posts: 110; Member since: Nov 02, 2015

He was right.

32. tedkord

Posts: 17085; Member since: Jun 17, 2009

Not in any way.

9. 47AlphaTango

Posts: 709; Member since: Sep 27, 2015

ANNNNDDDDD we know that iphone 6s and 6s plus won't sell well. Apple must be planning something big for the iphone 7. Which is a pretty good reason why the 6 and the plus were only updated with letter S.

28. j2001m

Posts: 3060; Member since: Apr 28, 2014

Nope it will be just the iPhone 6s but lighter and thinner and with a new look and that it, we be In luck if they up the screen res to 1080p

46. DearSX

Posts: 17; Member since: Nov 12, 2015

It may be a 5.2" screen like everybody else, and 5.7" for the Plus, with 16MP camera. Maybe the 7S will have 32GB of base memory and/or 1079P or vise versa. Oh and a $50 price hike.

48. JeanMouloud

Posts: 10; Member since: Mar 14, 2015

Then 7 would be SS at the best.

11. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Why would Android users need to celebrate. We don't want to see Apple do bad. Well scratch that! Let me speak for ME. I don't want to see Apple do bad, I want them to do a good job, but they aren't. Apple had the opportunity to make the iPhone the top dog forever if they spent the money to do so vs being cheap and sitting on their laurels. Theer is no reason to move from an iPhone 6 to the 6S. Samsung was bashed by the blog sites talking about the S5 wasn't a huge upgrade over the S4. But it was, it was bigger, it was IP67 rated, Samsung toned down all the unless features that slowed the S4 to a crawl, it has a bigger battery, a better set of cameras and more. Yet Apple basically released the same phone again. If I had an iPhone 6, what would be the reason to get a 6S? For the new color? That would be stupid. To just get Force Touch? That would be stupid. For a smaller battery? That would be stupid. For the 12MP camera that doesn't shoot better pictures than the 8MP in the older model? That would be stupid. While their commercial are trying to claim they changed everything? They actually changed nothing! people are going to wise up and with Apple havign all their eggs in one basket with no real new ideas, other than getting tidbits from suppliers that Android OEM are gearing up to provide a new feature, which Apple runs out and tries to do first and ruins it; is lame. Their move to 64BIt was terrible, with so many crashing apps. On Android, apps that didnt work? They simply didnt install or when y=they did and you opened them, a messaged popped up saying it was compatible with 64Bit. With Apple? It just closed. No warning no nothing. Move to Force Touch? RUSHED to be first. Gave no compelling beneficial usage of it. As I said, the only thing I saw that was good was, before you open the camera app, you could choose the mode. That was a good idea. But no indication what apps can use force touch or nothing. You have to play Russian Roulette to figure it out. Yet the fans claims, Apple doesn't do anything unless its perfect! Really? So what happened with iOS7, iOS8 and iOS9? Apple is going to be like a toilet that you flush, it starts off slow going down and all of a sudden its a huge plunge to the bottom. They need to wise up and stop playing around. Because without the iPhone, Apple has nothing. The Mac already stopped being their money maker 2 decades ago. Without the luck of the iPod and the help of Microsoft, they'd already be dead. Steve Jobs isn't here to save Apple ass this time and Bill Gates isn't going to do it either.

17. iusshpandeh

Posts: 250; Member since: Jul 23, 2014

Man, that was long! Even longer than the article itself! Didn't read the article but read your comment. You're right though! :D

38. jeroome86

Posts: 2314; Member since: Apr 12, 2012

Wrong.

50. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Really? I have facts to backup my statement in the names of Microsoft and RIM. Care to provide an argument or stick to your one word stupid answer?

19. techandbeers

Posts: 110; Member since: Nov 02, 2015

Techie you are annoying. Stop talking immediately.

23. Taters

Posts: 6474; Member since: Jan 28, 2013

I didn't read it either but from what I glanced, he is right though and you are an Apple shill. Lol

30. techandbeers

Posts: 110; Member since: Nov 02, 2015

You didn't even read the comment, yet declare he is right about the comment you didn't even read, then call me a shill? Holy s**t you're stupid. You are clearly the shill because you assume what he is saying is correct simply because you know he doesn't like Apple.

51. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

I don't dislike Apple, I just not a suckup like most people here.

60. Taters

Posts: 6474; Member since: Jan 28, 2013

I glanced at it and the parts I read were correct. I guess Apple shills are too stupid to figure out what glanced means. Sigh.... Imorons an their reading comprehension issues. Lol

49. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Techandbeers typical one liner when you can't provide a legit argument. I said nothing bad. Everything I said was fact. Microsoft did the same thing with Windows Mobile. Where are they now? RiM did the same with Blackberry. Where are they now? I know what I am talking about. When companies get on top they think the money brill just keep falling from some endless fountain. But even fountains stop running. Windows Mobile was awesome for years and businesses use it as a standard. If MS had evolved it to what windows Phone is today in a timely fashion, Apple wouldn't have stood a chance with the iPhone. Same with RIM.

44. Furbal unregistered

I'd be happy for Apple to do well now, they are not suing android manufacturerapp left and right anymore and stopping real competition. Now they are just another company making a good phone. They do need to do well as Samsung isn't going to keep android moving forward without and enemy to aim for

53. TSMan2

Posts: 363; Member since: Aug 20, 2015

Your last sentence is damn right. Everyone should read it. Especially the apple zombies. BTW Samsung is already making much better phones than Apple, but because the media propaganda is still apple's shill , Samsung must make at least twice better devices than Apple, so to have chance to keep on. And with the best new tech, and even a bit cheaper than iPhones. I LOVE IT.

61. jacoby

Posts: 8; Member since: Aug 02, 2015

Actually you're goddamn right! People said ios is smooth n no crash and after bought 5s, the crash app would not tell u it was crash just like android, it was just forced close n i found many games sometimes error or crash like Cash of clans n marvel future fight. While i played game It was closed for no reason. But it just my experience, now i use s6 edge n proud about it except battery life

37. TSMan2

Posts: 363; Member since: Aug 20, 2015

I love how the iboys when come to defend Apple, always pretend not to be apple's zombies. ROTFL

43. janis

Posts: 397; Member since: Mar 10, 2014

i used windows phone (lumia 930) after iphone 5s, i would prefer windows phone over iphone, now i am using samsung edge, well nothing beats this bad boy. battery more than day gaming emails music, screen is amazing, most needed things are build perfectly on the phone. iphone is just old tech, old screens half day battery for premium price, i am glad people are starting to realize this joke.

62. jacoby

Posts: 8; Member since: Aug 02, 2015

Same with me bro

2. hafini_27

Posts: 944; Member since: Oct 31, 2013

Really curious how the IPhone 7 will turn out to be. I don't expect much from S years anyway.

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