Tag Archives: aapl

Apple No. 1 smartwatch vendor, but sales estimates vary

Apple (AAPL) didn’t reveal how many smartwatches it sold in the June quarter, but research firms guesstimated and crowned Apple the top vendor in Q2. Juniper Research on Thursday estimated that Apple sold 2 million to 2.5 million Apple Watch units last quarter. It divined that range from comments by Apple executives and sales in the company’s “other products” category, which includes iPod, Apple TV, Beats headphones and accessories. “Depending on the average selling price of Apple Watch, the year-over-year revenue increase (in ‘other products’) indicates between 1.5 million and 2.5 million units,” Juniper said in a statement. “Apple CFO Luca Maestri also remarked that the Watch has sold more than the first iPhone or the iPad in a comparable period — that is 87 days. The first iPad was the better selling of these two, and sold 2 million in 60 days.” Juniper estimates Apple Watch generated about $1 billion…

Apple Supplier, 4 Other Tech Stocks Abuzz After Hours

Shares of five tech stocks — including one Apple (AAPL) supplier — are abuzz late Wednesday following a slew of view-topping earnings results. Cybersecurity firm Fortinet (FTNT) spiked 9% in extended trading, after reporting flat year-over-year Q2 earnings of 11 cents a share that managed to beat forecasts by 2 cents. Sales climbed 30% to $239.8 million vs. views for $222.7 million. F5 Networks (FFIV) also rose in late trading as the data-center

4 Chip Suppliers Plunging After Apple’s Earnings

Apple (AAPL) topped third-quarter earnings and sales expectations late Tuesday. But its Q4 revenue guidance was light, and investors are worried about Apple Watch sales. That caused several of the consumer technology giant’s chip suppliers, including Qorvo (QRVO), NXP Semiconductor (NXPI), Cirrus Logic (CRUS) and Skyworks Solutions (SWKS), to take a hit in the stock market today. Qorvo sank 5% in fast trade, triggering a sell signal. For those who