“Despite the iPhone XR slated for launch in the latter half of October, Taiwan-based suppliers engaged in the Apple supply chain remain cautious about orders for the new iPhone series for the rest of 2018, according to industry sources,” Monica Chen and Jessie Shen report for DigiTimes.
“If sales of the upcoming iPhone XR, which will be priced lower than the XS models, fail to stimulate the overall demand for iPhones, said the sources, Apple may slow down its pace of orders,” Chen and Shen report. “Suppliers for the new iPhones are expected to post weak sales for the fourth quarter of 2018, the sources noted. TSMC, for example, will likely generate lower-than-expected revenues in the fourth quarter.”
“Largan Precision, another Apple supplier specializing in camera lens, disclosed recently that shipments are expected to decrease in October and drop further in November,” Chen and Shen report. “Order visibility for December is still unclear, the company also warned.”
Read more in the full article here.
MacDailyNews Take: If sales of the upcoming iPhone Xr fail to stimulate the overall demand for iPhones, pigs will rapidly take wing the world over.
I don’t know about these analysts in particular but I know other analysts have been very wrong . These manufacturers supply to many companies and sometimes shrinking sales elsewhere is the reason sales might be slowing. for the last few years Foxconn for example has been struggling financially due to slowing sales in non Apple areas yet Foxconn financial reports fuelled negative iPhone reports for a while.
Largan Precision for example supplies to Huawei etc.
From what I gather contract manufacturers due to confidentiality often can’t specify who is buying what in their public disclosures.
Tim Cook has also repeatedly stated Apple’s supply chain is complex and trying to analyze it from outside is futile.
Reports always put ‘Apple’ in just to get attention.
LOL. Right on cue. Apple’s earnings call is 2 weeks from now. Expect to see more FUD from wall street trying to push the price down.