In another sign iPhone sales are slowing down, Apple chip supplier Dialog Semiconductor reports results at low end of expectations

In another sign iPhone sales are slowing down, Apple chip supplier Dialog Semiconductor reports results at low end of expectations

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2019/01/14/apple-chip-supplier-dialog-reports-early-revenue-results-at-low-end.html

Apple supplier Dialog Semiconductor reported early revenue results Monday that came in at the low end of the expected range. The chipmaker reported unaudited revenue of $431 million for the fourth quarter of 2018, barely scraping into the company's projected range of $430 million to $470 million.

The shortfall stands as another indication of Apple's smartphone slowdown. Several Apple suppliers cut quarterly revenue guidance in November, citing reduced orders from a major client, presumed to be Apple. Earlier this month, Apple lowered its own revenue forecast citing weaker-than-expected sales.

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