Attention: Apple (AAPL) Component Cut News is a Month Old

The Halo is Not Cracked: Jefferies' Misek Talks Apple (AAPL) Q1 EPS, Component Cuts, and 'Cheap' iPhone

January 15, 2013 11:12 AM EST

Apple (NASDAQ: AAPL) continues under heavy pressure Tuesday as weak iPhone demand and margin fears continue to dominate trade. However in just 8 days the world will get a quarterly report card from the iPhone giant and will be able to see for themselves just how bad, or good, the company is doing.

Jefferies' Peter Misek, who was ahead of the Street on the Apple iPhone 5 component cuts (which dominated trade Monday), offered a preview of Apple's upcoming December quarterly report (FQ1) today. His view is that everything is okay and he expects a... More

Nomura Slashes Apple (AAPL) Price Target to $530, Sees Downside Risk of $400

January 15, 2013 7:49 AM EST

Nomura Securities slashed its price target on Apple (NASDAQ: AAPL) Tuesday from $660 to $530, while reiterating a Neutral rating.

Analyst Stuart Jeffrey notes iPhone pressures highlight margin fears, and sees potential downside to $400 on gross margin declines.

"To reflect signs of... More

BMO Capital Latest to Call Apple (AAPL) Component News "Old"

January 14, 2013 5:02 PM EST

BMO Capital's Keith Bachman was the latest to weigh in on Apple (NASDAQ: AAPL) following reports of order cuts for iPhone 5 components.

"We believe that this is consistent with news and reports that were circulated in mid-December," the analyst notes. "For... More

Dover (DOV) Might be Pressured as Investors Punish Apple (AAPL) Suppliers

January 14, 2013 3:39 PM EST

Stocks of number of Apple (Nasdaq: AAPL) suppliers faced pressure on Monday after rumors resurfaced that Apple had reduced iPhone 5 component orders. According to analysts at Deutsche Bank, Dover Corporation (NYSE: DOV) is among stocks being scrutinized.

"Within... More

Notable ETF Movers of the Day 01/14: (SLV) Higher; (TAN) (XLK) Lower

January 14, 2013 2:54 PM EST

Gainers:

iShares Silver Trust (NYSE: SLV) gained 2 percent to 30. Action in precious metals lifted spot silver, allowing it to test resistance at $31 per ounce. Platinum also traded higher today, with Physical Platinum Shares ETF (NYSE:... More

Apple (AAPL) Component Cuts Related to Faster iPhone Refresh?

January 14, 2013 1:24 PM EST

Apple (NASDAQ: AAPL) remains under pressure following reports of iPhone 5 component order cuts throughout the supply chain. Despite some of these same concerns being discussed over the past month, Apple investors remain skittish and aren't taking any chances with earnings just nine days away.

Nikkei reported Apple cut its March quarter orders for iPhone 5 LCD screens by 50% from its original plan of 65 million. Apple also cut orders for other iPhone 5 components.... More

Research In Motion (RIMM) Continues to Gain on Apple's Woes

January 14, 2013 10:07 AM EST

Research In Motion Ltd (NASDAQ: RIMM) is continuing it recent surge into the launch of its highly-anticipated BB10 operating system later this month.

After ramping 13.8 percent on Friday, shares are up another 8.4 percent early Monday. Overall, the stock is up 137 percent from... More

BNP Takes Bearish View on Apple (AAPL) Suppliers with Weaker Demand Expected

January 14, 2013 7:28 AM EST
As reported earlier, Apple (Nasdaq: AAPL) is said to be facing lower demand in the first-quarter of 2013. BNP Paribas is taking the... More

Apple (AAPL) Suppliers on Watch on Component Cuts

January 14, 2013 7:04 AM EST

Apple (Nasdaq: AAPL) suppliers are on watch with shares of the iPhone maker under heavy pressure (-3.5%) early Monday on reports of steep component cuts.
... More

Apple (AAPL) Said to Cut iPhone 5 Panel Orders as Demand Wanes

January 14, 2013 6:20 AM EST

Apple (Nasdaq: AAPL) is trading lower Monday morning amid chatter that demand for its iPhone 5 might be, well, light.

According to Japan's Nikkei news source, Apple has halved orders for iPhone 5 panels as demand is said to have dropped off.

Apple was initially expected to order 65 million panels in the current... More

Apple (AAPL) on Watch as Japanese Components Analysts See Major Drop of More Than 30% in Q1

January 4, 2013 9:22 AM EST

Apple, Inc. (NASDAQ: AAPL) is seeing early pressure, which may be related to cautious comments from Deutsche Bank's Japan team. They said result of sales to end-2012 have not been as strong as expected. In addition, the firm said value chain movements suggests a QoQ decrease of more than 30% for 1Q 2013 to respective figures of 28-30m and 25-27m, on a finished and major device basis, for the iPhone 5. The only product they expect to continue favorably is the iPad Mini.

Shares of Apple last traded at $537.14, down... More

Apple (AAPL) Cuts Component Order, Jefferies Says; Suppliers Hit (QCOM) (SWKS) (AVGO) (CRUS) (TQNT)

December 14, 2012 10:57 AM EST

Apple (NASDAQ: AAPL) is under heavy pressure Friday, but some suppliers are even weaker as word spreads component suppliers have received order cuts. This comes from Jefferies' analyst Peter Misek.

According to Misek, Apple component suppliers have received order cuts in the last 24-48 hours, although he believe assembly orders remain unchanged.

"Our checks indicate the builds at the assemblers (Hon Hai, Pegatron, Jabil) have remained constant since then.... More