aapl had 2 bad news today may go down 344 sooner than i think you right mkt is ok right now , if mkrt sell off aapl go to 360 easy
Apple, HTC rumored to cut back on handset orders due to economy 50 minutes ago Published: 01:06 AM EST (10:06 PM PST)
A new report claims handset vendors, including Apple and HTC, will reduce orders for smartphone chipsets in the fourth quarter of this year because of worries about the world economy.
Sources at Taiwan-based chipset makers relayed the information to industry publication DigiTimes.
"Some handset solution suppliers have indicated that a number of handset vendors, including Apple and HTC, have scaled down their chipset orders for the fourth quarter as compared with the third on concerns of the global economy," the report noted.
Most smartphone vendors will reportedly reach their shipment targets for the third quarter, which ends in September, but they have begun reducing orders for parts and components in case of a "possible impact from changing economic conditions."
The international economy has been unstable as of late. Earlier this month, the Standard & Poor's agency caused a stir when it downgraded debt from the U.S. government from AAA to AA (plus) for the first time in history. investors also fear consequences from debt issues in Europe.
It should also be noted that DigiTimes has a mixed track record with its predictions. The publication claims to have well-placed sources among the major Asian suppliers and manufacturers, but its more speculative reports have at times proven inaccurate.
Earlier this year, HTC raised its internal shipment target for 2011 to 70 million units, up from 50 million units. But, sources familiar with HTC's roadmap said the handset maker recently lowered its internal estimate to 50-60 million units.
AT&T exec reportedly tells staffers to prepare for early October iPhone 5 launch
u guys do realize apple draws down old models, as they bring new models online. this same exact misinterpretation of this type of information has occurred on several occasions on the iPhone and iPod over the last few years from bgr and yes, digitimes. lol
"It should also be noted that DigiTimes has a mixed track record with its predictions. The publication claims to have well-placed sources among the major Asian suppliers and manufacturers, but its more speculative reports have at times proven inaccurate."
How come AEA team never address China Mobile deal? Oooh, just do what boss tell me to do. Bend over and I bend over. Maybe AAPL being held down due to opex. Trainee have a lot to learn.