Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Posts Tagged ‘Apple’

Intel Can Lose Apple—but Little Else

Posted by hkarner - 26. Juni 2020

Date: 25‑06‑2020

Source: The Wall Street Journal

The chip maker’s Mac business is relatively small, but a successful ARM‑based alternative could weaken its hold on the broader market over time

Intel Corp. will get on fine without Apple Inc.’s chip business. But Apple’s ultimate success in that area may prove a little more damaging.

Apple’s announcement on Monday that it is finally designing its own chips for Mac computers was a very long time coming—and very little surprise. The company has been designing its own central processors for iPhones and iPads since 2008, and has long voiced its view that devices perform better with its own, custom‑designed silicon.

The Mac’s relatively small share of the PC market limits the damage somewhat. According to IDC, Apple has averaged about 8% of global PC shipments over the past five years. UBS analyst Timothy Arcuri estimates that Apple accounts only for about 2% to 3% of Intel’s annual revenue, and that won’t be going away immediately. Apple said Monday that it still has Intel‑based Macs “in the pipeline,” and that the full transition will take about two years. And note that Mac revenue grew only 2% in Apple’s most recent fiscal year after falling nearly 2% the previous year.

But the move will further weaken Intel’s PC‑related business, which is already constrained by the mature industry’s relatively anemic growth prospects. And if Apple ultimately succeeds in fielding new Macs that match or exceed the performance of Intel‑based versions, it could hurt Intel’s hold even further. The chip maker has a dominant share of the PC‑and‑server‑processor market because its x86 chip architecture is still widely considered superior in performance over the competing ARM‑based architecture common in mobile devices such as smartphones and tablets. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , | Leave a Comment »

How Apple and Microsoft Dwarf the Rest of the Market

Posted by hkarner - 26. November 2019

Date: 25-11-2019
Source: The Wall Street Journal

The two largest U.S. companies helped lift the Dow industrials above 28000 for the first time earlier this month

People check out the new iPhone at an Apple store in Shanghai. Apple and Microsoft have helped buoy the broader technology sector while they vie for the title of largest U.S. firm.

Apple Inc. and Microsoft Corp. helped lift the Dow industrials above 28000 for the first time earlier this month, a milestone that underscored how much the two largest U.S. companies influence major stock indexes.

Boosted by optimism about a U.S.-China trade deal and sturdy profit growth, the companies have helped buoy the broader technology sector while they vie for the title of largest U.S. firm. Apple shares have soared 66% this year, pushing it ahead of Microsoft with a $1.16 trillion market value. Revenue growth in Apple’s services business and products outside the iPhone have fueled fresh enthusiasm for the stock. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , , | Leave a Comment »

A $1 Trillion Valuation Stays Out of Reach for Apple

Posted by hkarner - 2. August 2019

Date: 01-08-2019
Source: The Wall Street Journal

Tech giant’s shares were up 4.3% midday Wednesday, but lost steam amid a marketwide swoon

Apple’s second-quarter results showed that revenue rose 1% to $53.81 billion, an improvement from back-to-back revenue declines in the previous quarters.

Apple Inc. hasn’t quite been able to rejoin the world’s most exclusive club of companies.

The tech giant’s shares were up 4.3% at about midday Wednesday after a better-than-expected earnings report. That seemed to put it on track to be worth more than $1 trillion again, based on a count of shares outstanding that the company released in May. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , | Leave a Comment »

Apple Explores Moving Some Production Out of China

Posted by hkarner - 21. Juni 2019

Date: 20-06-2019
Source: The Wall Street Journal

Trade tensions prompt iPhone maker to consider diversifying supply chain

Apple has a longstanding dependency on China for manufacturing and as a market.

Apple Inc. is asking suppliers to study shifting final assembly of some products out of China, people familiar with the matter said, as trade tensions prompt the company to consider diversifying its supply chain.

While any major changes would be difficult and could take months to years to implement, Apple is looking into the feasibility of shifting up to around a third of the production for some devices, some of the people said. Destinations under consideration include Southeast Asia, the people said.

No decision has been made on such a move, some of the people said. Any such transition, they said, is unlikely to significantly affect the iPhone in the near term because the company relies on hundreds of thousands of workers available in China to manufacture the high-volume product, which depends heavily on human hands for assembling, as well as a deep network of suppliers there. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , , , | Leave a Comment »

Foxconn Says Prepared to Move Apple Production Out of China if Necessary

Posted by hkarner - 12. Juni 2019

Date: 11-06-2019
Source: The Wall Street Journal

Taiwan-based company tries to brush off investor worries over U.S.-China trade row

A Foxconn executive said the company’s manufacturing capacity outside of China is sufficient to meet demand in the U.S. from Apple and other customers.

HONG KONG— Foxconn Technology Group said it is ready to shift production out of China if necessary for Apple Inc., its biggest customer, as the electronics assembler tried to assuage investors’ concerns over the U.S.-China trade conflict.

In its first-ever investor meeting and conference call since going public in 1991, senior executives at Taiwan-based Foxconn sought to address investor uncertainty as it prepares for a leadership transition.

Tuesday’s events were aimed at outlining a succession plan for when Terry Gou, Foxconn’s founder, stands down as chairman to focus on his campaign for Taiwan’s presidency. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , , | Leave a Comment »

Behind Tech’s Shine, Some Warnings Signs Appear

Posted by hkarner - 6. Februar 2019

Date: 05-02-2019
Source: The New York Times

Chinese consumers have pulled back their spending, blowing a $9 billion hole in Apple’s recent quarterly revenue. China was again a culprit when Nvidia warned last month that its revenue would come in 20 percent below expectations, though the graphics chip maker also blamed slack demand from Bitcoin miners and cloud data centers.

Intel, the big chip maker, cited intensifying “trade and macro concerns” for financial results in January that did not meet expectations. And Samsung, another semiconductor powerhouse, said sales plunged 10 percent in the fourth quarter because of weakening demand for its memory chips from data centers and smartphones.

China, smartphones, Bitcoin and cloud computing have been among the major drivers of the long tech boom, which in turn has powered the global economy for the last decade. The ingredient common to all of these sectors is computer chips, which form the brains of devices and whose ubiquity means they provide early signals about changes in supply and demand. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , | Leave a Comment »

Are Multinationals Eclipsing Nation-States?

Posted by hkarner - 3. Februar 2019

Date: 02-02-2019

Source: Independent

When they choose to act, rather than surrender, elected governments may still have a matchless resilience against corporate tax dodgers

31 January 2035: “Kali Sustainable Robotics of Hyderabad has completed its takeover of the remnants of Apple after the fallen giant of consumer electronics filed for Chapter 11 bankruptcy in the US.

“At a mere 100bn New Rupees, the knockdown price brings a final humiliation for a company that two decades ago commanded the world’s most valuable brand. Kali plans to manufacture and market vintage-style ‘tablets’ and ‘smartphones’ as premium-priced legacy products to nostalgic users in China and the West who wish to revisit their youth in the early 21st-century heyday of ‘Chimerica’.

“The company’s chief executive, Draupadi Pandava, vowed that these retro devices would conform to all the environmental standards of the South Asian Federation. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , , | Leave a Comment »

Amazon Takes Market Cap Crown, Cementing Tech Power

Posted by hkarner - 9. Januar 2019

Date: 07-01-2019
Source: The Wall Street Journal

Software giant, at $797 billion, surpasses Microsoft with $784 billion in value

Amazon.com Inc. is the latest technology titan to claim the crown of world’s most valuable public company, signaling the industry’s enduring market dominance even after turbulent months in which investors pummeled their shares.

Amazon finished Monday’s session up 3.4% at $1,629.51, with a market capitalization of $796.78 billion, the first time the retailer has attained the market-cap title. It ended a weekslong reign by Microsoft Corp. , which finished up 0.1% with a value of $783.57 billion.

The software giant in late November supplanted Apple Inc., for years the leader before worries about iPhone sales—exacerbated by the company’s revenue warning last week—knocked its shares lower. Apple finished Monday at $701.99 billion, No. 4 behind Google-parent Alphabet Inc.’s $745.63 billion. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , , , | Leave a Comment »

Apple and the Art of Guidance

Posted by hkarner - 7. Januar 2019

Date: 06-01-2019
Source: The Wall Street Journal By John D. Stoll

CEOs and their finance chiefs are in a tight spot this month as they report quarterly financial data, aiming for a delicate balance of realism and optimism.

Apple CEO Tim Cook

Among the things having as good a decade as the U.S. economy is Apple’s iPhone. Rummage through the pockets and purses of your workmates, and chances are you’ll find one.

The health of the near-ubiquitous smartphone and the economic engine it has helped drive and ride are both under a growing cloud, though. Apple Inc. slashed its revenue target this week as iPhone sales slumped, a development that tests the nerves of investors already on the lookout for signs of the first American economic downturn since 2009.

If there is a list of executives we’d expect to be capable of soothing concern, Apple Chief Executive Tim Cook is on it. After the guidance cut Wednesday, Mr. Cook sat for a televised interview and published a letter to investors. He pinned Apple’s problems on “mounting uncertainty” and promised to do better. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , | Leave a Comment »

Apple Makes Rare Cut to Sales Guidance

Posted by hkarner - 4. Januar 2019

Date: 03-01-2019
Source: The Wall Street Journal

CEO Tim Cook cites slowing sales in China in letter to investors

Apple Inc. slashed its quarterly revenue forecast for the first time in more than 15 years, an unprecedented move in the Tim Cook era that was prompted by a downturn in sales of iPhones in China.

The surprise cut, issued Wednesday in a letter from the chief executive to investors, renews concerns about waning demand for Apple’s marquee product, the iPhone, which makes up the vast share of its revenue and has vaulted the company’s value and profits. It also raises fresh questions about Apple’s prospects in China, the world’s largest smartphone market, which represents nearly 20% of Apple’s sales.

And it was the latest sign of broader economic malaise in China, fueled by trade tensions with the U.S.

“Lower than anticipated iPhone revenue, primarily in Greater China, accounts for all of our revenue shortfall,” Mr. Cook said in his letter.

The move also was an inauspicious signal for markets on the first trading day of the year, with Apple shares after hours declining more than 7% and the broader market showing stress as well.

The company has lost more than $300 billion in market value since peaking above $1 trillion in early October. Last year was Apple’s worst yearly performance since the financial crisis. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , | Leave a Comment »