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Apple Inc - SERIES 244 {13 articles}

Apple's Asia suppliers fall amid fears of weak iPhone sales

11/13/2018, 2:47:32 AM
Shares in Asian suppliers and assemblers for Apple Inc fell on Tuesday due to pr... ✔ REUTERS/Soe Zeya Tun Taiwan-based assembler Hon Hai Precision Industry Co Ltd (Foxconn) (2317.TW) dropped more than 3 percent and rival Pegatron Corp (4938.TW) fell more than 5 percent ✔ Apple began shipping the iPhone XR on Oct. 26 after two weeks of pre-orders ✔ The company had released the more expensive iPhone XS and XS Max more than a month earlier ✔ Our Standards:The Thomson Reuters Trust Principles


Asia Apple suppliers fall on concerns over iPhone demand

11/13/2018, 1:49:06 AM
undefined ✔ That warning was followed by a similar announcement from Lumentum, which supplies the 3D sensors behind the facial recognition technology in Apple’s latest iPhones ✔ The company cut its outlook for its fiscal second quarter, citing reduced shipments to one of our largest industrial and consumer customers


Third-party Mac repairs can be blocked by new T2 security chip, Apple confirms

11/13/2018, 1:43:56 AM
Proprietary diagnostic tool now required for certain repairs ✔ While Apple didn’t respond to these reports when they first surfaced, the Cupertino firm has finally confirmed to The Verge that the earlier rumors are true ✔ The tech giant has previously locked out iPhones from third-party repairs, for which the company was fined millions of dollars in Australia


Black Friday iPhone deals 2018: $150 off iPhone XR, XS, $400 iPhone X gift card

11/13/2018, 1:36:50 AM
The iPhone discounts are just getting underway. ✔ Good news: Black Friday and Cyber Monday mean deep discounts for iPhone lovers ✔ Sale starts Nov. 22 (Thanksgiving Day) at 5 p.m. Requires qualified activation with AT&T, Sprint, Verizon ✔ You can choose between Simple Mobile and Total Wireless as your service providers


AlphaOne's Dan Niles: 'Things are running worse' than expected for Apple

11/13/2018, 12:42:53 AM
Lumentum is not the only supplier that's going to be negatively affected by Apple's woes, AlphaOne Capital Partners' Dan Niles says. ✔ Why this expert thinks you should short Apple    3 Hours Ago | 04:20 Apple will sell fewer iPhones in the fourth quarter and cause a ripple effect throughout the supply chain, AlphaOne Capital Partners founding partner Dan Niles told CNBC on Monday ✔ Some Apple bulls defended the company's decision to stop reporting unit sales as a sign that investors should take Apple's services business into consideration moving forward


Tech-Fueled Selloff Ripples Across Asia

11/13/2018, 3:54:10 AM
Stock markets across Asia fell, piggybacking off a steep selloff in the U.S., as investors world-wide grew more concerned about the health of the tech hardware sector. ✔ Japan was the hardest hit in Asia, with the Nikkei 225 index falling more than 3% ✔ Hong Kong-listed AAC Technologies Holdings Inc., another Apple supplier, fell more than 5% before paring losses ✔ We are clearly seeing a global slowdown, said Mr. Milligan of Aberdeen Standard


Tech sell-off spreads to Asia after rough day for Wall Street

11/13/2018, 3:03:09 AM
undefined ✔ Tuesday 02.00 GMT What you need to know Tech sell-off spreads from Wall Street to Asia Apple suppliers drop on fears iPhone demand has peaked Brent falls below $70 a barrel Overview A rough start to the week for Wall Street and concerns over the outlook for demand for Apple’s iPhone sent equities in Asia lower as tech stocks dropped across the region ✔ Tech shares in China were the exception in the region, with that segment of the CSI 300 index of large companies listed in Shanghai and Shenzhen unchanged as the broader benchmark slipped 0.3 per cent


SoftBank mobile unit to go for IPO raising Y2 tril

11/13/2018, 3:46:01 AM
Japanese technology company SoftBank Group Corp will carry out an initial public offering of its Japanese mobile subsidiary, set for Dec 19, in what will likely be one of the world's biggest IPOs. The Tokyo Stock Exchange approved the listing of 1.6 billion shares of SoftBank Corp Monday, at 1,500… ✔ It was the first carrier to offer the Apple iPhone in Japan ✔ Son has been partnering with Saudi Arabian Crown Prince Mohammed bin Salman and about half of his $100 billion Vision Fund, established in 2016, comes from the kingdom ✔ This material may not be published, broadcast, rewritten or redistributed.


Nikkei, Asian shares dive on Wall St. tech rout, oil slides

11/13/2018, 3:54:22 AM
SYDNEY--Asian shares skidded on Tuesday after a rout in tech stocks put Wall Street to the sword, wh ✔ Concerns about a slowdown in China and the Asian region more broadly due to U.S. tariffs on Chinese goods have spooked investors, sparking the largest monthly foreign outflows from Asia last month since August 2011, said Khoon Goh, Singapore-based head of Asia research for ANZ Banking Group


Asian shares sell-off on Wall Street tech rout, oil slides

11/13/2018, 1:35:53 AM
Asian shares skidded on Tuesday after a rout in tech stocks put Wall Street to t... ✔ The outcome of the meeting will have an important influence on portfolio flows in Asia into the end of the year, Goh added ✔ Worryingly, the Trump administration is broadening its China trade battle beyond tariffs with a plan to use export controls, indictments and other tools to counter the theft of intellectual property, the Wall Street Journal reported citing sources ✔ The Federal Reserve is expected to tighten policy further in December ✔ Our Standards:The Thomson Reuters Trust Principles


Asian shares falter, dollar at 16-month peak on Europe, Brexit woes

11/13/2018, 12:28:45 AM
Asian shares stumbled on Tuesday after a rout in tech stocks inflicted a hefty s... ✔ Overnight in Wall Street, major U.S. stock indexes dropped more than 1 percent, with the tech-heavy Nasdaq slumping over 2 percent ✔ Indexes were weighed down by a 4.3 percent slump in index heavyweight Apple (AAPL.O), after three iPhone parts suppliers issued warning on results ✔ Our Standards:The Thomson Reuters Trust Principles


Apple and Goldman Sachs send Wall St tumbling

11/13/2018, 12:19:12 AM
Asia-focused English-language publication that brings you insights about business, finance, economic and political news, comments and analysis for Asia, by Asia on asia.nikkei.com ✔ Traders work on the floor at the New York Stock Exchange in New York on Nov.12 ✔ With Monday's losses, all three indexes erased the gains from their brief rally after the U.S. congressional elections on Nov. 6 ✔ Among the S&P 500's 11 major sectors, technology and financial stocks weighed most heavily


Bank of Japan's balance sheet now larger than country's GDP

11/13/2018, 2:47:31 AM
Japan's central bank has become the first among G7 nations to own assets co... ✔ Also, in case of emergencies, such as a natural disaster or a war, the BOJ won’t be able to finance government bonds any longer ✔ In late October, the BOJ said it would reduce the frequency of its bond buying operations in November and aim to have government bonds traded in the secondary market longer than they currently are.[nL3N1XB1BX] ($1 = 113.6400 yen) Our Standards:The Thomson Reuters Trust Principles


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