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Fewer Orders At Apple Suppliers Could Signal First Iphone Sales Decline

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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An iPhone 6S Plus is seen at the Apple retail store in Palo AltoBy J.R. Wu TAIPEI (Reuters) - Some of Apple Inc's main Asian suppliers expect revenues and orders to drop this quarter, indicating iPhone sales are almost certain to post their first annual decline since the flagship product was launched almost a decade ago. The forecasts of lackluster sales by companies including Taiwan Semiconductor Manufacturing Co (TSMC), the world's biggest contract chipmaker, and smartphone camera lens producer Largan Precision Co Ltd add to concerns about Apple's outlook amid slowing global demand for smartphones. Industry executives say the latest iPhone did not have enough new features from the previous model to tempt users, raising fears that Apple's innovative streak - and the profits it has generated - may be running its course.




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