Why Lumentum Is Not Just an Apple iPhone Supplier
Text sizeThis Apple Supplier Now Looks Like a Better Buy Than Apple's Own StockWorries about the iPhone have weighed on Apple supplier Lumentum Holdings. Here's why the stock now looks like a buy, in the weekly Barron's Stock Pick. A Visit From the BearThe holiday week began with tech stocks leading the declines—with all of the FAANGs hitting bear-market territory—and ended with Black Friday shopping. Oil continued to fall. While the Federal Reserve is expected to raise rates in December, federal-fund futures suggest the market...Apple wants more iPhone owners to upgrade to the XR and XS — and it just unveiled a new promotion in time for the holidays
according to For a limited time, Apple is offering up to $100 extra in credit if you trade in an old device through its Giveback program. For anyone with an iPhone 6, 6 Plus, or 6S, this is a sweet deal: Apple is offering twice as much credit as it usually does for those devices. Earlier this month, Apple announced it wouldn't report iPhone sales numbers— or sales numbers for any of its products — on future earnings calls, a move that investors interpreted as a bad omen for iPhone sales this year. The Wall Street Journal also reported that Apple had cut production orders for all iPhone models, blaming weak demand. If you trade in an iPhone 7 Plus or iPhone 8, you could be looking at $300 off your new phone.Apple Suppliers Suffer With Uncertainty Around iPhone Demand
WSJ's Spencer Jakab takes a look at how Apple reached a market value of $1 trillion earlier this year. Photo illustration: Heather Seidel/The Wall Street JournalLower-than-expected demand for Apple Inc.'s new iPhones and the company's decision to offer more models have created turmoil along its supply chain and made it harder for Apple to predict the number of components and phones it needs, people familiar with the situation said. In recent weeks, Apple slashed production orders for all three of the iPhone models it unveiled in September, these people said, frustrating executives at Apple suppliers as well as workers who assemble the phones and their components.Here's what top analysts think of Apple after the iPhone tariffs threat: 'Trump piles on'
collected by :Clara William
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