Tag Archives: apple
Apple iPhone Hit Bruises Avago, Texas Instruments
Texas Instruments (TXN) and Avago Technologies (AVGO) became Apple ‘s (AAPL) latest victims Tuesday, as Wall Street slashed the chip suppliers’ earnings estimates on presumed iPhone shipment weakness. Canaccord Genuity analyst T. Michael Walkley and RBC Capital analyst Amit Daryanani also lowered their views on iPhone shipments for 2016 and the March quarter, respectively. Walkley sees 219 million units in 2016, vs. his earlier call for 231
Apple Future Bright In Enterprise, Says Goldman Sachs
Apple (AAPL) iPhone sales seem to be losing some momentum among consumers, but the company’s future is bright in the enterprise market, according to Goldman Sachs’ latest survey of chief information officers. Microsoft (MSFT) is currently the top strategic IT vendor for CIOs, followed by Cisco Systems (CSCO) and IBM (IBM). “In terms of being the most strategic vendor three years from now, Apple, (Alphabet’s (GOOGL) Google, Red Hat (RHT) and Cisco