Apple's iPhone production cuts send part suppliers reeling
by Daniel Petrov / Nov 13, 2018, 3:01 AM
iPhone XR sales predictions from famed analysts Ming-Chi Kuo were just revised downwards by the whopping 30%, for instance, and many other research shops have confirmed the production order cuts based on their supply chain sources. That same supply chain is now "shocked" by the decline in Apple orders, reports Korean media, as for some makers of semiconductors, displays, camera modules, flexible printed circuit boards and batteries for the new iPhones, that represents half of their business.The
Thus, revenues are being revised down at LG Innotek, Samsung's Display, Electro-Mechanics, and SDI subsidiaries, as well as small suppliers like BHI and SEMCO. LG Innotek, for instance, hit a 52-week low for its shares today, on the heel of Apple's iPhone production cuts. The solution that industry insiders are proposing? Diversification away from Apple and Samsung into supplying parts for Chinese smartphone makers, but that is going to take a while to hold.
Posts: 30836; Member since: Feb 05, 2011
I don't think any of the new iPhones are having killer sales, as evidenced by the lack of back orders, lines, and campouts. The Apple Watch is what's doing really well, and it seems the iPad is also. The phones are good, but boring and lack a wow factor nowadays. They're no longer driving people crazy, and are just some of the many good phones out there. My Max (and several others) has LTE and wifi issues, and no real killer features that stand out, has had several gate issues, and fails to take any real advantage of the 6.5 inch screen. 2019, Apple had better bring something great, or those profit margins, and stock prices are gonna shrink.
posted on Nov 13, 2018, 5:27 AM 2
Posts: 640; Member since: Oct 11, 2018
Which is the same case for android, adding bigger storage options and battery which last a day.
posted on Nov 13, 2018, 6:49 AM 0
Posts: 2585; Member since: Oct 09, 2017
"I don't think any of the new iPhones are having killer sales," I think all the new iPhones are having great sales and old ones too. Sales are spreading over all iPhones More than before That's why Apple just had top 6 best selling phones in singles day at china. It shows how wide IPhone portfolio nowday is. https://uploads.disquscdn.com/
images/fb047a6199d9db8018a50c1 bdae22f54be65968fdf6c7c7523044 e34467a84d8.jpg
posted on Nov 13, 2018, 9:15 AM 0
Posts: 1827; Member since: Aug 27, 2009
" analysts have trimmed their iPhone sales forecasts on account of the order cuts that are apparently" ----100% opinion here. This is nothing but a repeat of the "iPhone X sales are terrible" posts to generate clicks last year. I look forward to the about face in 3-4 months after Apple announces excellent sales of their phones.
posted on Nov 13, 2018, 7:48 AM 0
Posts: 234; Member since: Jan 22, 2018
Apple has already made it known that profitability is the focus. Only a matter of time before parts suppliers take that same approach since volume won't be the way they make as much $ going forward. Oh no. Prices going to continue to go up up and away.
posted on Nov 13, 2018, 9:14 AM 0
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