Apple Inc (AAPL)

[Investors3]

Any updated quotes from Tim Cook or company spokespersons? That press release was just from yesterday, but includes a quote from 2013? I am not worried, but timely communication might help investor confidence!


Apple's Slowing iPhone Sales Take Bite Out of Suppliers' Revenue

TAIPEI--Companies that make parts for Apple Inc. are warning of lower first-half revenues, in a sign of slowing sales of the latest iPhones.

Taiwan Semiconductor Manufacturing Co., which manufactures the chips that run iPhones and other popular electronic devices, forecast Thursday its first-quarter revenue would decline by as much as 10.8% from the previous year, citing demand weakness for high-end smartphones.

Apple components contribute 20% of sales for TSMC, the world's largest contract chip maker, according to a Credit Suisse report...


A spokeswoman for Apple referred to comments made by Apple Chief Executive Tim Cook on an earnings call in 2013 during which he said it was difficult to accurately extrapolate business outlooks from individual data points in the supply chain.

"There's just an inordinately long list of things that would make any single data point not a great proxy for what's going on," he said at the time.