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Apple Inc. (AAPL) Watch Sales Reportedly Weak And May Continue To Be Through 2015

2015-08-04 20:22:35| Semiconductors - Topix.net

More bad news about Apple Inc. appears to be emerging as The Wall Street Journal is reporting that Apple Watch sales may have been weak in the second quarter , a report that comes as the iPhone maker's stock dipped to $113.25 per share in intra-day trading today, down over 4% from yesterday and the lowest price the stock has had in over six months. According to the report, Bernstein Research analyst Mark Li has revealed that a subsidiary of Taiwanese company Advanced Semiconductor Engineering Inc. which makes the system-in-package, the core chips and sensors component also called the SiP, of the Apple Watch did not reach its "break-even volume" of two million SiP units a month throughout the second quarter.

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Category:Electronics and Electrical

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