Apple shares drop after iPhone supplier Lumentum cuts forecast

Apple shares drop after iPhone supplier Lumentum cuts forecast

6 years ago
Anonymous $L9wC17otzH

https://www.reuters.com/article/us-lumentum-outlook/apple-shares-drop-after-iphone-supplier-lumentum-cuts-forecast-idUSKCN1NH1KP

Apple Inc shares fell to their lowest in more than three months on Monday as the main supplier for its Face ID technology, Lumentum Holdings Inc , slashed revenue and profit forecasts, citing reduced orders from a major customer.

Apple shares drop after iPhone supplier Lumentum cuts forecast

Nov 12, 2018, 4:36pm UTC
https://www.reuters.com/article/us-lumentum-outlook/apple-shares-drop-after-iphone-supplier-lumentum-cuts-forecast-idUSKCN1NH1KP >Apple Inc shares fell to their lowest in more than three months on Monday as the main supplier for its Face ID technology, Lumentum Holdings Inc , slashed revenue and profit forecasts, citing reduced orders from a major customer.