Seeking Alpha

Several iPhone component suppliers are taking a hit following Apple's (AAPL) FQ4 report, in...

Several iPhone component suppliers are taking a hit following Apple's (AAPL) FQ4 report, in which iPhone shipments came in below Street forecasts. BRCM -1.7%. QCOM -1.9%. TQNT -4.1%. CRUS -4.2%. GLW -1.2%. OVTI -1.2%. Some other wireless industry players are also selling off: SNDK -1.2%. GOOG -0.8%. S -2.1%. (more)
Comments (1)
  • ncargat1
    , contributor
    Comments (17) | Send Message
     
    This is where my poor understanding of investing must really hamper me.

     

    Why in the world would component suppliers of the iPhone be selling off when the iPhone 4s has ALREADY sold 5 million units in less than a week, and Apple was calling for 20+ million handsets to be sold in the quarter??
    19 Oct 2011, 07:59 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|