jonl

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jonl
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  • Rumor: Apple to debut Bluetooth earbuds alongside 'iPhone 7,' with truly wireless left & right earp

    jonljonl
    All the attention to this suggests to me Apple is really running out of ideas and is highly desperate for new features. Hirez audio is a marketing gimmick, period, and choice of DAC doesn't matter to 99.9% of people, and 99.9% of the .1% who claim it matters wouldn't withstand ABX testing. The numbers would be even worse when talking about a portable audio device and the conditions that it's used in.

    cnocbui

  • Core Apple manufacturer Foxconn sees December revenues down 20 percent

    jonljonl
    johnjohnstone said:
    One possibility that no one on Wall Street in mentioning:

    APPLE COULD HAVE STUFFED THE CHANNEL EARLY THIS YEAR COMPARED TO PREVIOUS YEARS.

    It looks like Apple could have placed 'oversized' orders in Aug/Sept to make sure there were no shortages in the first few months of release. Remember when the 6+ there was massive shortages for over a month after launch. With the 6s+ there was no shortages. So because Apple stuffed the channel in Aug-Nov then of course orders for December will fall because of inventory. This is NOT a bad thing. It simply is a different strategy to make sure there is always supply on hand.

    Lets just look at two suppliers that Wall Street points to as sure signs iPhone sales are sluggish. Cirrus Logic and Qorvo. Both had to warn for weaker December revenue than predicted. Notice this warning was made this month, not in November. That suggest that units were strong until December. Do their financials point to Apple stuffing the channel early this year?

    Cirrus Logic
    Revenue Sept2014 quarter - $210 million
    Revenue Sept2015 quarter - $307 million
    YoY revenue growth - 45%

    Qorvo
    Revenue Sept2014 quarter - $362 million
    Revenue Sept2015 quarter - $708 million
    YoY revenue growth - 95%

    It seems obvious to me looking at those massive revenue increases in the Jul-Sept quarter that Apple placed massive orders in those months to build up the channel inventory. 
    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.
    asdasd

  • Real world iPhone 6s adoption data contradicts Apple supplier channel check rumors

    jonljonl
    Skyworks
    Avago
    Qorvo
    Cirrus Logic
    Invensense
    Foxconn - said to have extended holiday time off for workers
    Dialog
    Sharp
    Pegatron

    How many more do you need?

    Long term I'm still bullish on Apple. They just have too much cash, to loyal of a fanbase, to much talent, to strong an ecosystem to be in the dumps for too long. I see iPhone 7 bring unit growth back. But long term Apple needs to grow services revenue.
    In Apple's description of Supplier Responsibility, http://www.apple.com/supplier-responsibility/, it looks like there are more than 600 suppliers.  Unless someone is tracking all of them, noting how much each is going up and down compared to normal for this year, plus constantly adding new ones, then they know very little.  So to answer your question, I need about 600 more with a lot more detail on each one.
    Many of these aren't "channel checks" but companies that have warned or recently posted disappointing quarters and guidance. Today, it was Cirrus Logic and Qorvo that warned. Cirrus is the sole source for iPhone and iPad (Mac and iPod, too) codecs and has been since at least 2012, and that business still makes up something like 70% of their revenue. When they have a major shortfall, it's either Apple crushing them on ASPs (2013) or declining sales to Apple, NOT Apple shifting to another supplier. Ditto for Dialog and the power management chip in the iPhone and iPad, and that company is even more dependent on Apple. Other major suppliers like NXP have recently reported disappointing quarters and guidance. To believe Apple isn't slowing, you have to believe Apple is crushing all these companies on ASPs which IMO is not terribly plausible.

    asdasd

  • Analyst: Nikkei iPhone 6s supplier story says nothing of iPhone demand; site wrong before in 2013

    jonljonl
    Correction: 5 weeks prior to earnings release until 48 hours after. It's call a blackout period. Google it.
    You should read radarthekat's correction of your post and pay attention this time. The blackout period is for opportunistic buyback. Previously scheduled buybacks proceed as scheduled.
    badmonk

  • Munster: Fears of March iPhone sales contraction overdone, December report will clear the air

    jonljonl
    mvigod said:

    Munster?  Wasn't he the guy who said Apple was going to have a panel Apple TV a couple years ago?   How did that prediction work out?
    Munster carried the torch for that genuinely and obviously dumb idea for years. That was Zaky-level dumb albeit on a smaller scale.
    bobschlob