What Are The Recent Apple Supplier Warnings Telling Us About Apple

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About: Apple Inc. (AAPL), Includes: AVGO, CRUS, LITE, QRVO
by: Patient Tech Investor
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Patient Tech Investor
Long/short equity, Deep Value, Growth, contrarian
Summary

A significant portion of Lumentum lowered guidance is most likely from reallocations with other suppliers.

Apple iPhones unit volumes are likely much lower year over year for the December quarter.

Cirrus' lowered guidance flushes out current iPhone sales strength or lack thereof.

News Timeline

Beginning just a few trading days after Apple (AAPL) reported and guided its earnings on November 1, a string of several key Apple suppliers negatively updated guidance sending Apple and some