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On Monday, LG Display reported earnings that continue to point to a weakening demand for Apple products. LG has just revealed its smallest profit since it returned to profitability during...
04-22-2013, 11:42 AM #1
LG Display Earnings Highlight More Potential Weakness for Apple
On Monday, LG Display reported earnings that continue to point to a weakening demand for Apple products.
LG has just revealed its smallest profit since it returned to profitability during the second quarter of 2012. The story that today's earnings report tells is that there's a strong potential for weakened demand for iPhone and iPad screens in today's mobile device market.
Analyst estimates suggest that Apple provides approximately 30 percent of LG Display's revenue today, so it's easy to infer that LG's earnings could be impacted by waning consumer interest in iDevices. For example, Reuters confirms, LG Display's sales of tablet and smartphone panels, which primarily go to Apple, accounted for 27 percent of LG Display's total screen shipments in Q1 2013. That's down from 31 percent in the fourth quarter of 2012.
Jay Yoo, an analyst at Korea Investment & Securities, estimated before the results announcement that LG Display's panel shipments for the iPhone 5 and the latest iPad had fallen 42 percent and 66 percent, respectively, from the prior quarter as Apple struggles with slowing sales growth.
04-22-2013, 01:09 PM #2
Who writes this garbage. Ok, Michael, you have shown no cause and effect here. Just because LG displays have less sales and Apple makes up the biggest portion of LG sales (not majority, just 30%) does not mean that apple sales are down. Apple sales might be down, but you can't make that assessment based on diminished LG sales in general.
For example, LG sales could have dropped by 50,000 units but apple purchases could have increased by 25,000 units. A net drop for LG of 25,000 units...but an increase by Apple. Those numbers were completely fictitious, but you must see you have written nothing of substance here.
You used words like "continue to point to a weakening demand for Apple" and "That story....strong potential for weakened demand...iphone and ipad" and "so it's easy to infer". All hogwash. No, no and no.
You have shown no correlation or direct link to "if this then that". This is also known as post hoc ergo propter hoc. A most basic logical error in thinking.
Last edited by GeoffS4; 04-22-2013 at 01:13 PM.
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04-22-2013, 02:21 PM #3
04-22-2013, 02:34 PM #4
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04-22-2013, 04:20 PM #5
04-22-2013, 05:09 PM #6
Cirrus Logic reduces profit expectations - This company relies primarily on Apple and is seeing losses in 2013.
Another article on the effects on the supply chain affecting companies
These stories aren't uncommon, and prove that reduced fiscal expectations of the supply companies could point toward dwindling expectations for Apple products.
04-22-2013, 06:49 PM #7
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04-22-2013, 11:48 PM #8
It's just like Woz said the other day, Apple is a company that thrives off of new products. Once they release the new iPhone or iTV or iWatch their stock will go back up. It's just been awhile since they released something really new to the market (at least one year).