The news that Apple reduces the orders for the release of the iPhone 7 led to the fall of the stock component manufacturers

Heard on the news that Apple reduces the orders for the release of the iPhone 7 has had a negative impact on the value of the shares of the manufacturers of semiconductor products.

The Philadelphia Semiconductor index, taking into account the value of the 30 largest producers, fell by 4.9%. While the shares of Cirrus Logic, Qualcomm, Broadcom and Texas Instruments, who supply components for the iPhone 7, fell not less than 4.5%. It is noteworthy that the shares of Apple fell by only 1%.

It remains to add that the semiconductor market is relatively stable sector of the industry.

Source: Bloomberg

Tags:
Apple

Comment

(Visited 53 times, 1 visits today)
No tags for this post.