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Technology Stocks : Semi Equipment Analysis
SOXX 296.74+1.8%Nov 28 4:00 PM EST

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To: Return to Sender who wrote (79020)2/20/2018 11:08:01 PM
From: Sam3 Recommendations  Read Replies (1) of 95487
 
iPhone X 'slump' is real, whisper supply chain moles
There are now 30 million X-shaped holes in Apple's estimates. Ouch

By Andrew Orlowski 20 Feb 2018 at 14:37

Samsung has provided confirmation that iPhone X sales are way below Apple's estimates for the much-hyped, tenth anniversary special. The miscalculation could end up benefitting Android owners.

News that public demand for the £999 phone was falling short of expectations came over the Christmas holidays, with Bloomberg reporting that what was supposed to be an initial order of 50 million units had been reduced to 30 million.

But Apple may have downgraded demand estimates even further. Nikkei now confirms that Samsung, Apple's OLED panel supplier, is cutting production in response to Apple's lower expectations.

"Samsung Display now plans to manufacture organic light-emitting diode panels for 20 million or fewer iPhones at the South Chungcheong site in the January-March quarter. The initial goal was to supply panels for 45 million to 50 million

continues at theregister.co.uk
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