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Apple component order cutback -4

09:05 10-Nov-15


Credit Suisse is saying that Apple is cutting component orders as much as 10%.  This could constitute a double whammy for InvenSense in coming quarters, given share loss at Samsung.  Other Apple suppliers are lower, along with the market in general, but this could affect the stock, especially given the recent run-up.  In the longer run, it all depends on how conservative management estimates were.