Author Archives: Scalper1
Apple hit by another report saying it may slash production
CNBC added to a growing base of reports that Apple (AAPL) will cut iPhone production, saying that the tech giant “may significantly slash” its iPhone 6S and 6S Plus output. The CNBC report based its information on a report from Japanese news outlet Nikkei, which said that Apple is expected to reduce the output by about 30% between January and March. The report said that inventories of its newest model have piled up in Asia, Europe and the U.S.
What Do Amazon.com Seller Stats Actually Mean?
Every year, Amazon.com (AMZN) tells the world — sort of — how well sellers did on its platform. But Amazon’s numbers can generate more questions than answers. “It’s a typical Amazon press release,” ChannelAdvisor (ECOM) Executive Chairman Scot Wingo told IBD about Amazon’s release Tuesday, which disclosed several data points about seller performance on Amazon. “It’s frustrating. It all sounds good, but (the numbers) don’t give you a tie to another