Two big chipmakers warned that demand for mobile phones was weak, and Apple shares fell nearly 9% in 5 days.

category:Internet
 Two big chipmakers warned that demand for mobile phones was weak, and Apple shares fell nearly 9% in 5 days.


A iPhoneX appeared on a large screen in November 17, 2017 at the apple visitor center in Cupertino, California. NetEase news April 25th news, according to Reuters reports, in Nasdaq Tuesday trading, Apple shares closed at $162.94, down 1.39% compared with the previous day. Investors worried about the weakening demand for iPhone after a warning issued by a smartphone supplier on smart phone demand. SK, a South Korean chipmaker, said after the quarterly earnings report that global smartphone demand growth is expected to stagnate. Last week, apple supplier TSMC also issued similar warnings. Before Apples quarterly results were released on Tuesday, peoples fears have led to a 9% drop in its share price over the past 5 trading days, erasing its value of up to $80 billion. Joel ulina (JoelKulina), a senior trader at Wedbush securities, said that Wall Street expected iPhone shipments to decline: this is not expected to be low enough. There is no visibility at the moment, which will leave a lot of investment funds on the sidelines. SK Hynix produces memory chips for smartphones, as well as laptops, servers and other types of computers. Also disturbing Apple investors, AMS, a European chip maker, warned on Monday that the companys performance would fall because of weak orders from one of its major customers. AMS did not disclose the name of the customer, but analysts estimate that half of the companys revenue comes from apple. On Tuesday, Daniel Ives (DanielIves), an analyst at market research company GBHInsights, said in a customer report that he expected that the shipment of apple iPhone would be 212 million in fiscal 2018, down from the previous estimate of 221 million. Apple and investors have been betting that the high-end iPhoneX released last November will revive iPhones sales in the global smartphone market. In recent years, the global smartphone market has been saturated. IPhoneX is not a failure product, but its a little disappointing compared to the previous upgrade cycle of iPhone, said Mike Wakely (MichaelWalkley), an analyst at CanaccordGenuity, a Canadian investment bank. About 2/3 of Apples total revenue now comes from smartphones, almost as much as three years ago, although Apple CEO Tim Cook (TimCook) has been trying to expand further in markets such as music and smart watches. When Apple releases its quarterly earnings next week, investors will have a detailed understanding of how much cash Apple will return to investors through dividends and stock repurchases. In January, the company said the company would pay about $38 billion to the United States to transfer its hoarding profits back home, according to the new federal tax law. This suggests that the company may return about $245 billion to the US. According to Thomson Reuters, analysts expect Apples first quarter revenue to reach $61 billion in the first quarter, up 15% from the same year, and the adjusted earnings per share will be $2.69. (Liu Chun) source: NetEase science and technology report editor: Wang Fengzhi _NT2541 About 2/3 of Apples total revenue now comes from smartphones, almost as much as three years ago, although Apple CEO Tim Cook (TimCook) has been trying to expand further in markets such as music and smart watches. When Apple releases its quarterly earnings next week, investors will have a detailed understanding of how much cash Apple will return to investors through dividends and stock repurchases. In January, the company said the company would pay about $38 billion to the United States to transfer its hoarding profits back home, according to the new federal tax law. This suggests that the company may return about $245 billion to the US.