Is Verizon Communications (VZ) CFO Fran Shammo the “canary in the coal mine” when it comes to Apple (AAPL) iPhone sales? On Verizon’s Q4 earnings conference call early Thursday, what Shammo had to say about prospects for Apple’s calendar 2016 iPhone sales could be worrisome amid reported production cuts for the popular product. Apple is scheduled to report December-quarter earnings after the market close Tuesday. Verizon said it added 1.52 million
With Apple and some of its other top competitors distracted, now’s the time for Pandora Media (P) to entice listeners its way, according to a report Thursday by Macquarie Research. Marketing for Apple Music — the subscription streaming music service launched in June by Pandora rival and tech heavyweight Apple (AAPL) — has quieted as Apple is changing its focus to TV instead, wrote Macquarie analyst Amy Yong in the report. “Apple will also be
A ton of quarterly earnings will be issued next week, with a lot of the spotlight on Apple (AAPL). Let’s focus in on five chipmakers, including some Apple suppliers, that are on tap to report: Macom Technology (MTSI), Cavium (CAVM), Cirrus Logic (CRUS), Skyworks Solutions (SWKS) and Microsemi (MSCC) . Macom Technology has an IBD Composite Rating of 98 out of 99 and reports on Tuesday. Analysts expect earnings to rise 3% with revenue down 1%.