Goldman Sachs cuts Apple iPhone estimates on negative supplier outlook
11/13/2018, 12:48:37 PMGoldman Sachs estimates Apple will produce 6 percent fewer iPhones next year than previously expected. ✔ We note this could easily right itself given the bulk of demand comes in late December but we feel more prudent sell through forecasts are warranted due to the timing and magnitude of this warning ✔ Goldman has a neutral rating on Apple and lowered its price target on the company's stock to $209 a share from $222 a share ✔ Apple shares fell 0.4 percent in premarket trading Tuesday
iPhone Slump Is Rumbling Through Tech
11/13/2018, 2:46:50 PMApple may not want to talk about iPhone unit sales anymore. That leaves the company’s massive global supply chain to do the talking for them. ✔ That leaves the company’s massive global supply chain to do the talking for them ✔ What appears to be a weaker iPhone cycle is showing the downside of the giant tech companies that now dominate markets ✔ For a small device, the iPhone casts a very large shadow
Apple reveals FUTURE iPhone design with one major change
11/13/2018, 2:58:50 PMAPPLE has invented a smartphone screen that could make its next iPhone look completely different. The company has created rough designs for a futuristic iPhone that has a secret camera hidden benea… ✔ By doing so, it would be possible to fill the entire front of a smartphone with screen ✔ But they also use patents to block rivals from making similar technologies ✔ Alternatively, Apple may decide to let another tech company use its patented design – but charge them a licensing fee for the luxury
Black Friday 2018 deals at Best Buy: Roku and OLED TVs, Sonos, Apple and Google
11/13/2018, 3:44:20 PMThe original big box tech retailer busts out the bargains for the biggest sale day of the season. ✔ At this price it's easy to put one in a secondary room ✔ This bundle includes the system's best party game, a $70 value ✔ The special kids' edition is built tougher, but it's a lot more expensive ✔ 2:06 Apple iPad 2018 Review • Apple iPad 2018 review: The iPad for everyone
Apple Supplier Foxconn Posts Third-Quarter Profit Jump
11/13/2018, 12:27:39 PMFoxconn posted a 18.3% rise in third-quarter profit from the same period last year after its biggest customer, Apple, posted record profit that was buoyed by a combination of higher iPhone prices and strong app-store sales. ✔ In a note published ahead of the earnings release, Arthur Liao, a Taiwan-based analyst at Fubon Research, said Foxconn’s quarterly revenue is likely to have been buoyed by the first shipments of iPhone XS and iPhone XS Max handsets that went on sale in late September
Amazon to sell Apple products for first time but there's one key item missing
11/13/2018, 2:18:27 PMAmazon's latest deal will see Apple's iPhone and other hardware for sale via the online giant's site ✔ Apple's smart speaker competes with Amazon's Alexa-equipped Echo devices ✔ Their existing listings will all be removed from Amazon and they'll need to apply to Apple to be authorised resellers if they want to continue selling the company's hardware CNET reports ✔ Read More iPhone XR Release Date Apple event live! When is the next Apple event
iPhone designer Jony Ive creates unique ring made from one diamond block
11/13/2018, 3:42:25 PMThe ring will be auctioned off to raise money for HIV/AIDS charity ✔ World's biggest diamond unearthed 1/2 Is this the world's biggest diamond ✔ Of the minimalistic decor, the pair said: There are few things more pure and beautiful than nature, so that was our starting point, layering various iterations of organic forms with technology
Apple's stock falls after Goldman cuts price target, iPhone unit estimates
11/13/2018, 2:25:27 PMundefined ✔ We note this could easily right itself given the bulk of demand comes in late December but we feel more prudent sell through forecasts are warranted due to the timing and magnitude of this warning, Sanderson wrote in a note to clients ✔ Apple's stock has shed 16% since its Oct. 3 record close of $232.07 through Monday, while the Dow Jones Industrial Average DJIA, -2.32% has lost 5.4% over the same time
Qorvo joins other Apple suppliers in cutting forecast
11/13/2018, 3:35:46 PMApple supplier Qorvo Inc cut its third-quarter forecast for profit and revenue o... ✔ Screen maker Japan Display Inc cited lower smartphone demand in cutting its own outlook, while British chipmaker IQE Plc also said it expects a material reduction in its financial performance in the current year ✔ Our Standards:The Thomson Reuters Trust Principles
Apple iPhone Demand “Worse,” Says Goldman Sachs One Day After Stock Drops 5% on Demand Concerns
11/13/2018, 3:25:49 PMAnalyst Rod Hall reduced his price target to $209 from $222, citing weaker-than-expected financial guidance from Lumentum and Japan Display. ✔ Text size Goldman Sachs is getting more worried about iPhone demand as more key component suppliers lower their forecasts ✔ Hall believes Lumentum has 100% share of certain vertical-cavity surface-emitting laser components used in the iPhone’s Face ID feature
Wall Street rises on trade hope, Apple limits tech recovery
11/13/2018, 3:35:48 PMU.S. stocks rose on Tuesday as technology stocks bounced back after a steep sell... ✔ After a stellar rally for technology shares that has fueled a decade-long gain for U.S. stocks, appetite for the group has started to wane lately on concerns about tighter regulation and demand for chipmakers ✔ Our Standards:The Thomson Reuters Trust Principles
15 great Apple Watch accessories to pair with your smartwatch
11/13/2018, 2:13:30 PMGet more out of your Apple Watch with these gadgets ✔ See all prices (2 found) Simple yet elegant Integrated charging Can be fiddly Kind of heavy Stand-based docks are great for showing off an Apple Watch, but if you're after more discretion then check out this leather-lined protective steel case from Studio Proper
How your iPhone could save your life
11/13/2018, 2:44:38 PMA new study says an iPhone app effectively identifies potentially fatal heart attacks with near-accuracy of an ECG. ✔ (Anti-bullying advocates say millions of American children face bullying online and skip school as a result.) is designed for users who have suicidal thoughts ✔ Quentin Fottrell Quentin Fottrell is MarketWatch's personal-finance editor and The Moneyist columnist for MarketWatch ✔ We Want to Hear from You Join the conversation Comment
Apple supplier IQE warns on profits in sign of tough smartphone market
11/13/2018, 3:06:43 PMShares in Apple supplier IQE failed to recover from Monday's slide, after it confirmed that a major customer was materially reducing its shipments following a warning yesterday. ✔ Shares in Apple supplier IQE failed to recover from Monday's slide, after it confirmed that a major customer was materially reducing its shipments following a warning yesterday ✔ Technology intelligence - newsletter promo - RHS Neither company named Apple as the big customer, but it was widely thought the iPhone maker was being referred to in the updates
The best way to buy a new Android phone or iPhone now
11/13/2018, 12:15:39 PMIs it the right time to buy? Are you thinking about the right things? ✔ Older iPhones are cheaper, but run the risk of losing out on newer hardware-based features in future phones ✔ Lightning-to-3.5mm, USB-C-to-3.5mm port) for this as well ✔ Update, Nov. 13, 2018, at 4 a.m.: Adds new updates ✔ Here's the fix News • The Samsung Galaxy S8 Plus is a steal at $380
Apple and Oil Are Still Down as Trade Hopes Lift the Dow
11/13/2018, 1:28:07 PMU.S. and European stocks futures were up Tuesday morning, a turnaround following the Dow Jones Industrial Average’s plunge of more than 600 points on Monday. ✔ Tweeting aside, OPEC meets in early December to set production levels for the coming year ✔ That reflects, in part, the Apple-Lumentum news and, by extension, the impact Apple has on just about everything ✔ Houses, cars and phones really do make the world go round ✔ Overall, downgrades outpaced upgrades by nearly two to one
The iPhone XS Max is an absolutely gorgeous phone, but it proves that bigger isn't always better
11/13/2018, 1:54:13 PMThe iPhone XS Max is a stunning phone with a great camera. But it's hampered by a display — and a price tag — that are way too big for most people. ✔ I could see all the ways it would be cool to have a big screen, but none of them played out during regular use ✔ Apple's biggest-screen iPhone ever commands its biggest price tag yet for an iPhone, but it also demands the attention of everyone around it it will make you look very, very fancy
Wall Street set to rebound after technology-led selloff
11/13/2018, 2:17:19 PMU.S. stocks were set to open higher on Tuesday, as strong results from Home Depo... ✔ Following that, Goldman Sachs cut its earnings estimate for Apple and another key supplier Foxconn (2317.TW), reported a weaker-than-expected rise in quarterly profit ✔ Apple’s shares were down 1.1 percent, set for its fourth day of losses ✔ Our Standards:The Thomson Reuters Trust Principles
Black Friday 2018 Walmart deals: PS4 and Xbox One for $200, $99 Google Home Hub and more
11/13/2018, 1:24:59 PMWalmart comes out swinging for Black Friday -- and the sale prices start Wed., Nov. 21. ✔ But this is the lowest price we've ever seen for a 40-inch TV ✔ How to save even more on Black Friday and Cyber Monday Google Home Hub Review • Google Home Hub can organize your calendar, control your smart home and help you cook Preview • Google Home Hub joins the fight to put a screen on your countertop How To • How to use Google Home Hub to control your entire smart home News • Black Friday 2018 smart home deals: Bargains on Echo Dot, Google Home Hub, Facebook Portal, Apple HomePod and more
Stock market set to attempt rebound after Dow’s 600-point drop
11/13/2018, 2:05:08 PMU.S. stock-index futures on Tuesday point to a rebound on Wall Street after the Dow and the technology-laden Nasdaq suffered triple-digit losses. ✔ Apple’s skid helped to fuel a broader selloff in the tech market and the semiconductor sector, with a popular fund for the group, the iShares PHLX Semiconductor ETF SOXX, -4.46% finishing down 4.5% on Monday ✔ We Want to Hear from You Join the conversation Comment
U.S. most-favored equity region, tech allocations down: BAML survey
11/13/2018, 12:39:09 PMDespite market wobbles, the United States is the most favored equity region for ... ✔ In response to a question on where the S&P 500 .SPX would peak in the current bull run, investors pointed to 3,056, up 12 percent from today's level ✔ But a third of respondents said the market had already peaked ✔ Our Standards:The Thomson Reuters Trust Principles
U.S. stocks attempt slight rebound from tech and internet-related rout
11/13/2018, 2:56:27 PMundefined ✔ U.S. stock benchmarks Tuesday fought to gain traction higher after an ugly start to the week ✔ GS, +0.99% Market players attributed Tuesday's tepid optimism to apparent progress in trade talks ✔ The Wall Street Journal reported that Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He on Friday about a deal to ease trade tensions, ahead of a meeting between President Donald Trump and President Xi Jinping, set for the end of November at the G-20 summit in Buenos Aires
Dow tumbles 160 points in early Tuesday trade as rebound attempt sputters
11/13/2018, 3:41:21 PMundefined ✔ HD, -2.76% put the kibosh on a rebound attempt by the blue-chip index ✔ Boeing's share decline was carving about 80 points out of the Dow DJIA, -0.53% after The Wall Street Journal reported that the aerospace company withheld information about a change to its aircrafts, while Home Depot was retreating even after the home-improvement giant reported better-than-expected third-quarter results ✔ All three benchmarks finished Monday's trade sharply lower
Wall St mixed as tech gains offset by energy slide
11/13/2018, 3:59:43 PMundefined ✔ Treasuries rallied and US stocks struggled for direction on Tuesday, having declined in each of the past three sessions, as gains by tech were offset by a decline in oil prices ✔ Oil tumbled with West Texas Intermediate sliding 3.4 per cent to $57.89 a barrel, while Brent crude was down by 3.8 per cent to $67.46 a barrel
Black Friday Daily Deals: Amazon Early Black Friday Deals are Live Now
11/13/2018, 12:18:03 PMTake a look at the best early Black Friday sales that include deals on TVs, Nintendo Switch Bundles, Amazon devices and more. ✔ Grab this offer at Norton Security and save a total of £49.99 ✔ Flavor notes include caramelized sugar, vanilla, fresh berries with a touch of orchard fruit, and is better to be served cold ✔ It makes an ideal gift for any Game of Thrones or whiskey fan this Christmas ✔ Game of Thrones Johnnie Walker White Walker scotch whisky - £33.95
A 'perfect storm' is brewing for chips stocks, and that may mean the worst is yet to come
11/13/2018, 1:04:22 PMSemiconductor stocks are getting wrecked, but one market watcher says there could be more trouble for the group. ✔ Stocks like Qualcomm, Skyworks, Nvidia, Micron and AMD are all sharply lower in the past week ✔ I think there's more to come to the downside before it finally washes out ✔ The SMH semiconductor ETF has fallen 16 percent since August ✔ It has not traded at those levels in more than a year
Why Digital Health Care Records Have Confounded Doctors
11/13/2018, 2:10:54 PMHospitals have gone digital, but that's not making patient care any simpler. ✔ The service will be offered in the Phoenix metro area under an unknown brand name ✔ Cloud cybersecurity firm Netskope raised $169 million in a new round of venture capital that valued the company at $1 billion or more ✔ Find past issues, and sign up for other Fortune newsletters
Capex Spending Is Booming, but Pace of Growth Is Slowing
11/13/2018, 1:22:11 PMAfter two consecutive quarters of record spending by companies in the S&P 500 on equipment, factories and other capital goods, the pace of investment growth is stalling, according to an analysis by Credit Suisse. ✔ and Apple Inc., all of which have spent more than $9 billion, according to S&P Global data ✔ However, the energy sector is on pace to contribute the most to the spending increase in the third quarter ✔ To receive our Markets newsletter every morning in your inbox, click here
EE reveals the 16 launch cities to get 'SUPER-FAST' 5G internet in 2019
11/13/2018, 12:11:10 PMBRITS living in 16 cities across the UK will be able to enjoy “superfast” 5G internet next year. Mobile network EE has revealed the key locations it’ll be targeting with next-gen … ✔ EE’s ambitious investment in 5G sites demonstrates that our city is a great place to invest in innovative and future-facing digital connectivity ✔ That could cut a 4K movie download down to around 20 seconds, if networks can beam those sorts of speeds to actual users ✔ Apple is expected to launch the first 5G iPhone in 2020
Analysis | The Cybersecurity 202: The U.S. was notably absent from a global cybersecurity pact. But American companies signed on.
11/13/2018, 1:15:07 PMThey are becoming a global political force of their own. ✔ Russia’s online disinformation efforts weren’t well understood until nearly a year later ✔ EASTER EGGS Some of the Trump administration investigations Democrats plan to pursue: Newly revealed North Korean ballistic missile bases operational: Remembering Stan Lee, godfather to all Marvel superheroes:
Analysis | The Finance 202: Wall Street critic Sherrod Brown eyes populist challenge to Trump in 2020
11/13/2018, 1:47:36 PMHe would join what’s shaping up to be a historically crowded Democratic field. ✔ ‘It wouldn’t be surprising to me that we would need to go up again in December and at least a couple of times next year,’ Daly told Bloomberg News in her first interview on policy since she became head of the regional Fed branch on Oct. 1 ✔ Here’s what else she’s been up to since leaving the White House: A brief history of SNL apologies:
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