Apple (AAPL) Analyst Says Production Reports Sound 'a Little Weird'

Apple (AAPL) $310M iPhone Throttling Settlement Nixed by Appeals Court - Bloomberg

September 28, 2022 12:51 PM EDT

Apple (AAPL) $310M iPhone Throttling Settlement Nixed by Appeals Court - Bloomberg

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Apple (AAPL) Rumor 'Sounds a Bit Weird to Me', Analyst Ming-Chi Kuo Says

September 28, 2022 12:48 PM EDT

TF International Apple (NASDAQ: AAPL) analyst Ming-Chi Kuo weighed in on reports the company is ditching its production increase plans, saying the rumors "sounds a little bit weird to me."

"As I surveyed before, Apple had production switch plans from iPhone 14/14 Plus... More

Citi Says Reports of Apple (AAPL) Informing Suppliers to Pullback on iPhone Production is Positive for Teradyne (TER), Negative for Qorvo (QRVO) and Skyworks (SWKS)

September 28, 2022 12:43 PM EDT

Citi Says Reports of Apple Informing Supplies to Pullback on iPhone Production is Positive for Teradyne (NASDAQ: TER), Negative for Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS).

Analyst Atif Malik comments... More

Evercore ISI on Apple (AAPL): 'remains one of the few companies that is positioned to beat/raise through H2:22'

September 28, 2022 10:45 AM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL)

The analyst comments " Multiple news outlets, including Bloomberg, have reported that AAPL has told suppliers to curtail efforts to increase production of the iPhone 14 by as many as 6M units. The implication is now that AAPL will aim to produce ~90M units of the iPhone 14... More

Apple (AAPL) defended at Wedbush over the iPhone Production Report

September 28, 2022 9:29 AM EDT

Wedbush analyst on Apple (NASDAQ: AAPL): "Our view is the headline of "not increasing production" (~6 million units) overshadows the underlying story for iPhone 14 Pro demand that is currently playing out in the field. iPhone Pro demand remains robust based on all... More

Apple, Qualcomm, Lyft Fall Premarket; Biogen, Netflix Rise

September 28, 2022 8:18 AM EDT

Stocks in focus in premarket trade on Wednesday, September 28th. Please refresh for updates.

Apple (NASDAQ: AAPL) stock fell 3.8% after Bloomberg reported that the tech giant has dropped plans to increase production of its new iPhones this year after an anticipated surge in demand... More

Apple falls on fears of slowing iPhone 14 demand

September 28, 2022 6:59 AM EDT

By Medha Singh and Nivedita Balu

(Reuters) -Apple Inc shares fell more than 4% on Wednesday after a report that the tech giant was ditching its plans to boost production of the latest iPhone fueled demand worries.

Bloomberg earlier reported that Apple had told its suppliers to curtail efforts to increase the assembly of its iPhone 14 lineup by as many as 6 million units in the second half of the year on disappointing demand.

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Apple (AAPL) Suppliers Fall as iPhone Production Boost Said Halted on Demand Issues

September 28, 2022 6:44 AM EDT

Apple (NASDAQ: AAPL) suppliers fell in pre-open trading Wednesday following a Bloomberg report that the tech giant will likely ditch its iPhone production boost due to demand woes.

Micron Technology (NASDAQ: MU) -0.4%Qualcomm (NASDAQ: QCOM) -1.4%Qorvo (NASDAQ: QRVO) -2.3%Skyworks Solutions (NASDAQ: SWKS) -2.1%Teradyne (NASDAQ: TER) -1.8%
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Apple Falls 4% on Report It Will Not Ramp Up iPhone 14 Production, Analyst Not Surprised

September 28, 2022 6:18 AM EDT

Apple (NASDAQ: AAPL) shares are down about 4% after Bloomberg reported the tech giant is backing off plans to ramp up iPhone 14 production this year.

The change is a result of slowing demand as the Cupertino-based giant anticipated it would witness a surge in orders. Apple reportedly informed its suppliers to slow down efforts to increase production by 6 million units in the second half of this... More