There’s a good chance the iPhone and other Apple products will be hit with tariffs in the Trump administration’s trade war with China. The president has repeatedly stated his simple solution: Make the iPhone in the United States.
But an analyst warns that moving assembly of Apple’s handsets to the U.S. would significantly increase their price.
It hasn’t been a great month to own shares of Apple. But if you’ve been considering getting in, one analyst says now is the time to buy.
Shares of the iPhone-maker have dropped 17 percent in less than two weeks. But this an overreaction to bad news from parts suppliers.
Respected analyst Ming-Chi Kuo thinks the iPhone XR is going to be a massive smash hit for Apple — and it seems everyone is being taken by surprise by how in-demand it will be.
In a recent note to investors, Kuo increased his estimate for fourth-quarter iPhone XR shipments by 10 percent. Instead of 33 million to 35 million iPhone XR units over the quarter, he now thinks Apple’s suppliers will ship out 36 million to 38 million units.
Apple is shifting orders for the iPhone XR between its suppliers to make sure that there are as few supply constraints as possible when the device finally launches in October.
With Apple recently hitting a $1 trillion valuation, you’d think it would be a great time to be an Apple supplier. According to new quarterly earnings released by Apple’s long-time manufacturer Foxconn, however, that’s not entirely true.
As revealed in Foxconn’s latest financials, consolidated revenues rose 17 percent year-on-year to reach a new historical high of $34.43 billion for Q2 2018. Unfortunately, net profits for the quarter fell 2.18 percent on-year to their lowest level in five years.
Apple is sitting on a massive stockpile of unsold iPhone X devices, a new report claims. The backlog reportedly equals almost three times the number of the high-end handsets already shipped.
If correct, this would be unusual for Apple. The company normally proves very good at forecasting the number of units it should manufacture. The rumor suggests that, even nine months after the iPhone X went on sale, Apple is still trying to get to grips with the exact demand for the device.
It clearly makes Tim Cook angry that people think the iPhone is made in China. “It’s not true that iPhone isn’t built in the United States,” Apple’s CEO said today.
The design work definitely happens in the United States. However, Cook points out that Apple suppliers produce many components in this country as well.
Apple could deliver its first new devices of 2018 next month. A new report claims the company is gearing up to launch a new iPhone, iPad and MacBook in March. We’ll have to wait longer for an Apple Watch Series 4, however.
Although devices like the Galaxy S8 and Note 8 are officially Samsung’s response to the Apple’s next-gen phone, the South Korean tech giant will nonetheless do quite well from the success of the iPhone X.
How well? According to a new report, Samsung will earn roughly $110 for every iPhone X that Apple manages to sell.
Samsung plans a massive seven-fold increase in OLED production for Apple this year, according to a new report.
The display-making Samsung division reportedly installed seven production lines at its A3 plant, which will be dedicated exclusively to Apple. They will allow Samsung’s monthly OLED capacity for iPhone screens to increase from “just” 15,000 sheets to a massive 105,000 sheets!
Apple could make a significant investment in LG Display’s new OLED production facility to ensure exclusive supply for future iPhones, according to a new report.
The company is said to be considering a 2 trillion to 3 trillion won (approx. $1.75 billion to $2.62 billion) deal, and a final decision is expected later this month.
The iPhone 8 is set to be a monster seller for Apple, and that’s not so good if you’re a rival handset vendor in China, where smartphone component inventory levels are at an all-time low.
Currently in demand parts include smartphone memory, camera sensors and batteries. And high-volume production of new iPhones in the third quarter is likely to affect availability of fingerprint sensors, metal cases and assorted display components.
Apple’s A-series chipmaker Taiwan Semiconductor Manufacturing Company has reportedly begun production of the new A11 chip for the upcoming iPhone 8 and possibly the upgraded iPhone 7s handsets.
Despite rumors claiming the contrary, there will be no delay in the launch of the iPhone 8, claims China’s Economic Daily News.
Citing sources in the downstream supply chain, the newspaper says new iPhones will start selling in October, and not as late as 2018 as some reports have claimed.
Apple is reportedly facing multiple supplier problems with the iPhone 8, as manufacturers hit roadblocks relating to the handsets’ display, wireless charging and printed circuit boards.
Donald Trump sounds confident that Tim Cook will bring Apple manufacturing jobs back to the United States. In a new interview, the president-elect said Cook “loves his country” and has “his eyes open” to building production facilities at home.
A new report claims that the next-gen iPad Pro, set to be unveiled early in 2017, could be delayed due to lower-than-expected yield rates on the 10-nanometer A10X chips used in the device.
Apple is reportedly cutting iPhone 7 and iPhone 7 Plus orders less than three months after their debut due to falling demand.
Momentum has fallen “significantly” in China and other markets, according to sources in Apple’s supply chain, and component makers are already shifting their focus to iPhone 8.
Rumors continue to stack up claiming that next year’s iPhone will ship with a curved display, but The Wall Street Journal suggests that such a smartphone is just “one of more than 10 prototypes being considered.”
Foxconn, a company Apple heavily relies upon for iPhone production, plans to start selling its own smartphones in Japan.
It’s a bold move into one of Apple’s hottest markets by the Taiwanese electronics company, which employs around 1.3 million people and 40,000 robots.
Apple’s new jet black iPhone 7 is nearly impossible to find at stores, and the shortage isn’t going to get better anytime soon, according to one of the most accurate Apple analysts in the game.
With iPhone demand slowing down, one of the ways in which Apple is hoping to increase earnings is by pushing its suppliers to work for less money — but it doesn’t seem to be going entirely to plan.
According to a new report, Apple is meeting resistance from manufacturers in its Taiwan-based supply chain as it requests that they lower quotes for iPhone 7 components by as much as 20 percent.
There may be disagreement over when exactly Apple Watch 2 will arrive, but Cupertino is confident enough about its plans to start divvying up component orders among companies in its supply chain.
In keeping with its recent strategy, Apple is looking to diversify its supply chain for the second-gen wearable by taking on additional manufacturers.
The next Apple Watch might arrive sooner than expected, based on a new rumor claiming Apple’s new wearable will be unveiled in June.
Not only is the new watch ahead of schedule, it may even sport a 40-percent-thinner design, hopefully without compromising on battery life.
Almost sounds too good to be true, right?
Two Apple partners, Foxconn and Samsung, are battling it out to provide Apple with next-gen displays for future iPhones.
Samsung, a leader in OLED display research and AMOLED production, is reportedly “on the fast track” to building a dedicated facility with the sole purpose of supplying the high-quality displays to Apple.
Foxconn, meanwhile, recently acquired money-losing display maker Sharp, with the main impetus being to help Foxconn become a market leader in AMOLED panel production.
