“Apple stock is lower by 0.45% to $111.97 in afternoon trading on Tuesday after Dialog Semiconductor cut its 2015 fourth quarter guidance in light of lower mobile demand,” Rachel Graf reports for TheStreet.
“London-based chipmaker Dialog Semiconductor supplies a ‘power management’ integrated circuit in Apple’s iPhone 6s Plus, and Apple makes up 75% of the company’s revenue, according to Barron’s,” Graf reports. “Dialog Semiconductor lowered its 2015 fourth quarter revenue expectations “due to weaker than anticipated demand in its mobile systems segment.”
Graf reports, “However, Apple CEO Tim Cook has said that reports from individual suppliers are not necessarily indicative of the company’s supply chain, Piper Jaffray said in a note this morning, Barron’s adds.”
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MacDailyNews Take: Exactly.
Even if a particular data point were factual it would be impossible to accurately interpret the data point as to what it meant for our overall business because the supply chain is very complex and we obviously have multiple sources for things, yields might vary, supply performance can vary. The beginning inventory positions can vary, I mean there is just an inordinate long list of things that would make any single data point not a great proxy for what’s going on. Apple CEO Tim Cook, January 23, 2013<