Now wait. I can't speak for the TQNT/RFMD merger AKA Qorvo, but the Cirrus results include their Wolfson acquisition and the unexpected benefit of Samsung going all-Exynos and thus all-Wolfson codec for the Galaxy S6.
So then the drop in Cirrus revenue for Dec could be from slow Galaxy sales. In other words Wall Street does not know shit.
Now wait. I can't speak for the TQNT/RFMD merger AKA Qorvo, but the Cirrus results include their Wolfson acquisition and the unexpected benefit of Samsung going all-Exynos and thus all-Wolfson codec for the Galaxy S6.
So then the drop in Cirrus revenue for Dec could be from slow Galaxy sales. In other words Wall Street does not know shit.
A small part of it, maybe. Apple's going to be the lion's share.
Greedy evil company is Apple Foxconn is its supplier, and they treat it's chooses employees like crab. Many have committed suicide due to over stress and horrible treatment. Apple knows this and they don't give a damm. And you stupid I sheep's keep buying Itrash phones
you are aware they make items for google, dell, and samsung too, right?
I know this is a long shot (and crazy sounding), but is it possible that Apple has decided to use a completely new manufacturer for their iPhone casing since other past iPhone 7 rumors have claimed that Apple is testing a new casing material? And therefore, they are drawing down inventory to accommodate this upcoming new manufacturing process that is happening with a yet unannounced manufacturer? Possibly even in the US?
We've had had so many reports of lower orders from critical suppliers, that it is impossible to come to any conclusion other than one of substantially lower iPhone sales than Apple had hoped for.
Let us hope that Apple lowers prices to try and spur on sales.
Oh great, Mr. Depressing is back. Rumours from foreign media and vague unofficial statements from foreign suppliers with no legal obligation to tell the truth make it impossible to derive ANY conclusions. Foxconn is an enormous company with a client list that includes many tech companies doing much more poorly than Apple. Why would Apple lower prices when the value proposition of owning their products hasn't changed? Just crawl back to MacRumours if you have nothing to add but specious and unfounded claptrap!
Greedy evil company is Apple Foxconn is its supplier, and they treat it's chooses employees like crab. Many have committed suicide due to over stress and horrible treatment. Apple knows this and they don't give a damm. And you stupid I sheep's keep buying Itrash phones
Ooooh so sorry you're having a bad share day. Lighten up, the only thing that can kill your enjoyment is yourself.
One possibility I have not seen discussed is that if Apple is going to release a 4 inch iPhone in April, they would likely want to draw down inventory of other models somewhat more than usual.
Looking at Apple's website the 6 and 6 Plus were available in China on October 17 in 2014 and on September 25th in 2015 (along with the rest of the launch countries). So that's roughly 3 weeks of sales that fell into the holiday quarter this year as compared to last year. How can you do a meaningful YOY comparison for the Holiday and March quarter without adjusting for China?
Of course we don't know what any of this means because we don't know Apple's production cycles, channel inventory etc. The question I have is if the March quarter is going to be brutal would Apple have to pre-warn about that? Or would they only have to warn if they were going to significantly miss December estimates?
Such stock adjustment is crucial for channel health. All the companies I worked with didn't dare to make meaningful adjustments. They keep stuffing the channels despite weaker demand. In the end the company spirals out of control because the channel wouldn't take any more new orders without getting compensated for existing inventory. Sony was the most prominent example here. Samsung is another one. They use other better selling SKUs to force the retailers to carry less desired SKUs, or carry more than they need. The CEOs didn't dare to properly account for their inventory for fear of knee jerk reaction like this, even though adjustment is not a bad news. It is to counter bullwhip effect and spikey demand, keeping inventory under control.
This is an extremely difficult problem to solve, partly because of human nature and compensation schemes. I used to sell channel inventory management solutions. The CEOs, COOs and VPs channel marketing all saw the problem, but most didn't want to manage the problem. They chose to cruise along and then hop to another company when the channel inventory problem caught up to them.
The right thing to do is to adjust the inventory as needed. Now _if_ Apple is rumored to introduce new phone(s) in March for the first time, then they will also need to take into consideration the potential cannibalization of the existing phones. The inventory control needs to be even tighter for more SKUs. They need to adjust now instead of when the new phone(s) come out.
If the next few phones in 2016 are different enough, they may also have to reconfigure some existing lines to make capacity for the new products.
The other possibility is a change in channel structure. Apple preparing for South America supply chain, or reconfiguring its EU supply chain to meet new tax regulations may also prompt this sort of organization change as they shift supplier relationships around.
Pacific Crest just put out a research note essentially accusing Tim Cook of lying:
Management’s confidence now looks highly likely to be misplaced, which suggests that it was either ignorant of the challenges it faced or deliberately overstating underlying trends. The former seems unlikely, which suggests that management has taken a much more aggressive tone as growth in the high-end smartphone market has slowed. This reduces our confidence in Apple’s commentary going forward.
Pretty much every sector of the economy that benefits either directly or peripherally from high oil prices is seeing similar 20%-ish drops. Companies in these sectors who are looking to upgrade their workforces with the latest technical gadgets are likely to hold off on upgrades and refresh plans until their markets recover. Many iPhone 6 buyers are still under contract and are toting an already damn good device. I'm not even thinking about upgrading until the iPhone 7 at the earliest.
Wall Street is so massively schizophrenic at this point. They've worked themselves into a frothing and drooling mess worrying endlessly about turmoil around security, regional unrest, the China financial market stumbling, and the endless rumination from the purveyors of doom and gloom.
Whether Apple's next readout is up or down it is nice that they're not flailing around trying to prop up an imaginary falling sky that arrives on a daily basis. They're staying focused on designing and building great products and letting the chips fall where they may.
Pacific Crest just put out a research note essentially accusing Tim Cook of lying:
Management’s confidence now looks highly likely to be misplaced, which suggests that it was either ignorant of the challenges it faced or deliberately overstating underlying trends. The former seems unlikely, which suggests that management has taken a much more aggressive tone as growth in the high-end smartphone market has slowed. This reduces our confidence in Apple’s commentary going forward.
This ass clown regularly calls and asks questions to Tim Cook during earnings calls.
Tim Cook should chew him out and spit him out if he dares calling again. Unreal that this clown has the nerve to call Cook and Apple liars.
Comments
Yes. Foxconn is terroble and it's Apple's fault.
Apple haters would have you think that Apple is Foxconn's only customer of note. Other customers are:
Acer Inc. (Taiwan)
Amazon.com (United States)
Apple Inc. (United States)
BlackBerry Ltd. (Canada)
Cisco (United States)
Dell (United States)
Google (United States)
Hewlett-Packard (United States)
Huawei (China)
Microsoft (United States)
Motorola Mobility (United States)
InFocus (United States)
Nintendo (Japan)
Nokia (Finland)
Sony (Japan)
Toshiba (Japan)
Xiaomi (China)
Vizio (United States)
Of course, nobody's heard of those companies because they're not noteworthy.
So what is it? Is the 45% increase in revenue in Sept Qtr attributed to Apple or Samsung?
Rumours from foreign media and vague unofficial statements from foreign suppliers with no legal obligation to tell the truth make it impossible to derive ANY conclusions.
Foxconn is an enormous company with a client list that includes many tech companies doing much more poorly than Apple.
Why would Apple lower prices when the value proposition of owning their products hasn't changed?
Just crawl back to MacRumours if you have nothing to add but specious and unfounded claptrap!
This is an extremely difficult problem to solve, partly because of human nature and compensation schemes. I used to sell channel inventory management solutions. The CEOs, COOs and VPs channel marketing all saw the problem, but most didn't want to manage the problem. They chose to cruise along and then hop to another company when the channel inventory problem caught up to them.
The right thing to do is to adjust the inventory as needed. Now _if_ Apple is rumored to introduce new phone(s) in March for the first time, then they will also need to take into consideration the potential cannibalization of the existing phones. The inventory control needs to be even tighter for more SKUs. They need to adjust now instead of when the new phone(s) come out.
If the next few phones in 2016 are different enough, they may also have to reconfigure some existing lines to make capacity for the new products.
The other possibility is a change in channel structure. Apple preparing for South America supply chain, or reconfiguring its EU supply chain to meet new tax regulations may also prompt this sort of organization change as they shift supplier relationships around.
Foxconn = Apple (California)
Tim Cook should chew him out and spit him out if he dares calling again. Unreal that this clown has the nerve to call Cook and Apple liars.