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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)
  • 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
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