Analysts cut Apple iPhone sales forecasts on supplier woes
11/13/2018, 6:11:53 PMundefined ✔ Apple is the company’s largest customer, though Lumentum didn’t identify which company adjusted orders ✔ The average 12-month target price of this group is $233.59, with a range of $165 to $310 ✔ The top-of-the-line iPhone XS Max has a starting price of $1,099
Another Big Apple Supplier Casts Doubt on iPhone Sales
11/13/2018, 4:29:58 PMQorvo reduced its financial guidance, citing weaker demand for high-end smartphones in the latest indication that sales of the latest iPhones are lower than Apple had hoped. ✔ Text size Qorvo (ticker: QRVO) reduced its financial guidance for its third quarter Tuesday morning, citing weaker demand for high-end smartphones ✔ Given the company’s disclosures about its customer base, the guidance reduction appeared to point to lower demand from Apple
Have YOU been locked out of your Apple account? Mystery bug hits users
11/13/2018, 7:31:34 PMA number of iPhone users have been inexplicably locked out of their Apple ID account. Users began reporting the issue on Twitter and Reddit, saying they were unsure what was behind the bug. ✔ When users are locked out of their account, they lose access to Apple services like iMessage, iCloud and Apple Music ✔ Hackers can use dictionary-based systems to crack passwords Use a derivative of your name, family member's name, pet's name, phone number, address or birthday Write your password down, share it or let anyone else use your login details Answer 'yes' when asked to save your password to a computer browser
Taiwan's 10-year iPhone boom shows signs of ending
11/13/2018, 5:55:51 PMBig month for Apple suppliers does not change maturing market or trade war ✔ Allen Horng, chairman of iPhone metal frame maker Catcher Technology, said he did not rule out a correction given the market dynamics ✔ Just a month after the release of the XR, it may be too early to judge the model's performance ✔ Nikkei staff writers Chien Chia-Hung and Hideaki Ryugen contributed to the report
Apple’s stock bounces back in face of Goldman’s lowered outlook
11/13/2018, 4:59:22 PMApple shares bounce, to defy a downbeat report from Goldman Sachs in which analyst Rod Hall cut his price target and earnings outlook on concerns over deteriorating iPhone demand. ✔ Although the company didn’t name Apple as the reason for the warning, it said in its for fiscal 2018 that Apple was its largest end customer, accounting for 36% of total revenue ✔ Given the extent of Lumentum’s warning, Hall said he infers the likely customer was Apple, and raises concerns that end-market demand for new iPhone models is deteriorating ✔ We Want to Hear from You Join the conversation Comment
Apple suppliers: hardcore pawns
11/13/2018, 6:01:32 PMundefined ✔ Smartphone users are increasingly cautioned against addiction ✔ No wonder manufacturers that supply Apple tend to trade at lower multiples than their peers ✔ It is also now boosting capital spending, via recently repatriated cash, which could lead to greater orders
Millennial couples are giving each other fingerprint access to their phones raising questions of cybersecurity
11/13/2018, 7:03:26 PMFor some, the access is a symbol of complete trust ✔ iPhone XS launch in September 2018 Show all 11 left Created with Sketch ✔ Support free-thinking journalism and subscribe to Independent Minds While the sentiment behind storing a partner’s biometric password is understandable - that you trust your partner and have nothing to hide - in reality, it can be a risky move when it comes to cybersecurity
Another Apple supplier just cut its outlook (AAPL) | Markets Insider
11/13/2018, 4:17:30 PMundefined ✔ Yves Herman/Reuters Qorvo, one of Apple's suppliers, slashed its third-quarter guidance, citing recent demand changes for flagship smartphones ✔ Chinese smartphone giant Huawei is also one of its main customers, accounting for 8% of its revenue ✔ They trimmed their iPhone unit sales estimate by 6% and dropped their price target from $222 to $209 8% above where shares were trading Tuesday
Black Friday 2018 deals at Best Buy: TVs, Nintendo Switch, headphones and more
11/13/2018, 5:19:43 PMBest Buy could very well have the best buys of the Black Friday season. Here are the top deals from the tech specialist. ✔ Prev Next Prev Next Best Buy = chocolate, Black Friday 2018 = peanut butter Add to Gift List Black Friday is Nov. 23 this year, but the biggest retailers have revealed their Thanksgiving holiday sales early ✔ If you haven't bought a next-generation console yet, here's one of the best prices yet to convince you to pony up
Black Friday 2018 Walmart deals: Xbox One and PS4 for $200, $59 Instant Pot, $99 Google Home Hub and more
11/13/2018, 7:58:00 PMWalmart comes out swinging for Black Friday -- and the sale prices start Wed., Nov. 21. ✔ Walmart Walmart's Black Friday sale prices were recently revealed, and here's the headline: Not only does the world's biggest retailer has some great stuff on sale, its price drops start the day before most of its competitors: online deals start at 10 p.m. Eastern Time (7 p.m. PT) on Wednesday, Nov. 21, while physical stores don't open until 6 p.m. local time on Thanksgiving ✔ Just last year we were excited about 32-inch TVs for $99
Moment's Tele 58mm Smartphone Lens Lets You Get Close To The Action | Digital Trends
11/13/2018, 4:09:02 PMMoment is replacing its aging 60mm telephoto lens with a new 58mm tele lens, redesigned from the ground up for the latest iPhone, Pixel, and Galaxy smartphones. Mount it onto the phone -- via a Moment case -- and you're able to achieve 2x optical zoom, and even 4x zoom on dual-lens camera systems. ✔ Moment offers a variety of lenses such as macro, super fisheye, wide angle, and anamorphic for Apple, Samsung, and Google phones, and they considered to be some of the best; it’s certainly some of our favorites ✔ Julian Chokkattu/Digital Trends Moment 60mm telephoto lens ✔ It costs $100 though make sure you find a compatible Moment case for your smartphone and it can be bought from Moment’s website
New Films Recall When the Future Wasn’t at Our Fingertips
11/13/2018, 5:50:56 PMTwo documentaries and a mini-series at the Napa Valley Film Festival offered a tour of the dizzying possibilities and unintended consequences tech has taken us. ✔ The upstart lined up an impressive array of technology partners–Apple, Sony (SNE), AT&T (T), Motorola, and others–and received backing from Goldman Sachs Group (GS), then the gold standard for initial public offerings ✔ The Frankenstein monster allegory seems apt, as the creation inexorably overtakes the creator
Do you check your phone more than most Americans?
11/13/2018, 7:54:33 PMOnly one generation of consumers worries they spend too much time on their smartphones ✔ The rate of growth is three times that of smartwatches, the only other mobile device that increased market penetration during the last year, Deloitte found ✔ Tablets, the mobile device du jour when Apple introduced the iPad in 2010, are actually decreasing in popularity ✔ The biggest obstacle to transacting business over the phone -- security
Dow tumbles 160 points in early Tuesday trade as rebound attempt sputters
11/13/2018, 4:09:44 PMundefined ✔ HD, -2.50% 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, +0.09% 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
S&P inches higher on trade hope, oil plunge hammers energy stocks
11/13/2018, 6:39:17 PMThe S&P 500 edged higher in choppy trading on Tuesday as a bruised technology se... ✔ That was offset by losses in the energy index .SPNY which fell 1.4 percent as oil prices plunged more than 5 percent due to ongoing worries about weakening global demand and oversupply ✔ [O/R] You start to get concerns that energy companies and their debt could be at risk, but on the bright side, lower gas prices could mean consumers have more money to spend at stores heading into the holiday season, added Miskin ✔ Our Standards:The Thomson Reuters Trust Principles
Semiconductor Chiefs Cast Doubt on Report of Malicious Chips in Global Supply Chain
11/13/2018, 7:33:09 PMTop executives from two semiconductor firms said a hack described in a recent report that purportedly involved Chinese spies infiltrating the hardware supply chain seemed unlikely but not impossible. ✔ Ampere CEO RenĂ©e James in conversation at The Wall Street Journal Tech D.Live in Laguna Beach, Calif., on Tuesday ✔ You just don’t insert something in the manufacturing process ✔ It’s not just that you can come in and do a custom fit, he said ✔ Those two companies and Super Micro have all denied the report
Wall Street gains on tech bounce, trade hopes
11/13/2018, 5:24:22 PMU.S. stocks rose in choppy trading on Tuesday as a bruised technology sector rec... ✔ If there is more clarity on the tariff talks that are going on, that will help stabilize the market in a significant way ✔ At 11:46 a.m. ET the Dow Jones Industrial Average .DJI was up 46.99 points, or 0.19 percent, at 25,434.17, the S&P 500 .SPX was up 17.17 points, or 0.63 percent, at 2,743.39 and the Nasdaq Composite .IXIC was up 78.22 points, or 1.09 percent, at 7,279.09 ✔ Our Standards:The Thomson Reuters Trust Principles
Amazon picks New York City, Washington D.C. area for $5 billion new...
11/13/2018, 7:02:40 PMAmazon.com Inc picked America's financial and political capitals for its sp... ✔ The paper maintains full editorial independence from its owner ✔ What benefit the company would actually get was unclear ✔ Virginia Tech said on Tuesday it plans to build a $1 billion graduate tech campus in Alexandria, just two miles from the new Amazon headquarters location ✔ Our Standards:The Thomson Reuters Trust Principles
Charting a post-election downdraft, S&P 500 returns to mini-crash range
11/13/2018, 6:17:43 PMThe U.S. benchmarks’ fleeting post-election rally attempt has fizzled, writes Michael Ashbaugh, with the S&P 500 violating its 200-day moving average. ✔ So collectively, establishing a durable market low will likely be a process, not an event ✔ The bottoming process may be underway time will tell though the S&P 500’s intermediate- to longer-term technical bias remains bearish pending repairs ✔ We Want to Hear from You Join the conversation Comment
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