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5 Revelations About Apple This Week

News that Apple may be mulling a switch to Intel modems for the iPhone and is seeing slowing demand for the iPhone X were among the major revelations this week.

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More Signs Of Weak iPhone X Demand

Judging by troubling earnings reports from numerous suppliers of components for the iPhone X, Wall Street this week was in "full panic mode" about possible slowing demand for the iPhone X, according to analyst Daniel Ives of GBH Insights. One prominent example was Samsung, which supplies the OLED displays used in the iPhone X. For Samsung's display panel segment in the first quarter, "profits were affected by slow demand for flexible OLED panels," the company said in its news release.

And that is not expected to change for the second-quarter results, Samsung said, when "generating overall earnings growth across the company will be a challenge" due to factors including "weakness in the display panel segment."

 
 
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