APPLE ANXIETY:The iPhone 6S would not sell as well as other handsets in Apple’s “S” series, and Taiwanese suppliers would see a fall in share prices as result, an analyst said
Date: Jan 07, 2016
By: Lisa Wang / Staff reporter
Catcher Technology Inc (可成), a major metal casing supplier for Apple Inc’s iPhones, yesterday gave a rare downbeat revenue forecast for the first half of this year due to sagging customer demand.
Catcher’s prediction came amid growing concerns that iPhones are losing their appeal among consumers, prompting the US technology giant to trim orders from its component suppliers to avoid bloating inventories.
“The market has been rather volatile — particularly over the past few weeks… Based on [forecast] figures from our major customers, we expect [revenue] in the first half to stay flat year-on-year,” Catcher chairman Allen Horng (洪水樹) told an investors’ teleconference. [FULL STORY]