The Traderszone Network

Published in TZ Latest News 17 December, 2015 by The TZ Newswire Staff

Apple supplier’s light forecast exacerbates iPhone jitters

Concerns are deepening on Wall Street about potential weakness in iPhone shipments following a light revenue forecast from one of Apple’s suppliers. Shares of Cupertino, California-based Apple fell 1.4 percent on Thursday and were down 6 percent over the past five sessions, reflecting growing worries that iPhone shipments next year could fall for the first time since the device’s launch in 2007 as fewer people replace their smartphones.

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