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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (12356)11/9/2011 7:40:43 AM
From: zax  Read Replies (1) | Respond to of 32692
 
The fanboy rush is over... appears the 25% cut wasn't enough :)

Apple slashes parts and components orders for 4Q11, say sources
Cage Chao, Taipei; Steve Shen, DIGITIMES [Wednesday 9 November 2011]

digitimes.com

Apple has informed upstream suppliers of parts and components for iPhone 4S to delay part of their shipments for the fourth quarter of 2011 to the first quarter of 2012 as sales of the iPhone 4S have not been as strong as those concluded in the pre-sales period and also due to shortages in the supply of some key components, according to sources at the iPhone 4 supply chain.

According to a Chinese-language Commercial Times report, Apple is likely to adjust downward its shipments of iPhones and iPads from related suppliers by 10-15% in the fourth quarter.

Related iPhone 4S suppliers including cases and camera lens makers as well as ODM assemblers have received notice from Apple to reduce their shipments for the fourth quarter, but none of them has confirmed the report, the paper said.

Some international IC players have also indicated that their revenues are likely to slide by 10-15% in the fourth quarter due to the shipment adjustments for iPhone 4S.

Additionally, October revenues of some Taiwan-based parts and components makers in the iPhone 4S supply chain were lower than those posted in September, indicating the growing effect of reduced shipments from Apple, the sources revealed.