Apple Demanding Cost Cuts From Suppliers After 30% Plunge In Orders: Digitimes

Apple Demanding Cost Cuts From Suppliers After 30% Plunge In Orders: Digitimes:

Apple stock is sliding very modestly for now as Digitimes reports Tim Cook has asked downstream part and component suppliers in Taiwan to reduce quotes for iPhone 7 devices by as much as 20%…even though order volumes for new phones are reportedly 30% lower than those placed a year earlier.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.