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Morgan Stanley Piles On Apple, Lowers iPhone Shipment Forecast

PYMNTS

Apple doesn’t report earnings until May 1, but that hasn’t stopped Wall Street analysts from cutting their forecasts for iPhone shipments, with Morgan Stanley the most recent to pile on. The high-end device has a hefty price tag of $999, which shut a lot of buyers out of the market.

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Apple Asks Suppliers For Less iPhone Parts

PYMNTS

With Apple reportedly planning to ship 80 million new iPhones in 2018, which is about 20 percent fewer than its forecast at the same time in 2017, the tech company is seeking less iPhone parts. Shares of Apple fell by 1.5 Additionally, demand for the iPhone X might have soured due to its price tag: It retails for around $1,000.

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iPhone Delays Raise Red Flags On Wall Street

PYMNTS

19) that demand for the iPhone 8 has been “anemic,” piling on to reports that Apple is seeing lackluster sales for its latest devices. Many Wall Street analysts have defended Apple, saying production is in line with previous expectations. Apple is partly to blame for the guessing game happening in the stock market.

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Samsung Snags Auto Parts Supplier Harman For $8B

PYMNTS

auto parts supplier Harman International Industries Inc. Harman’s entry into the market — 63 years ago — was as an audio pioneer, though in recent years that has expanded under Dinesh Paliwal into a broader-based supplier relationship. Samsung now finds itself at the table with Toyota supplier Denso Corp.,

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A Production Over Apple’s Smartphone Production Rumors

PYMNTS

For Apple, the smartphone production cuts may be a tell on consumer fickleness – or just much sound and fury, signifying nothing. Said ZDNet, Apple always revamps production schedules and capacity in the wake of a new product debut, and perhaps it should be assumed that this time is no different. Means a Lot … or Maybe a Little.

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The Difference Makers: Key Person(s) Valuation

Musings on Markets

From Alfred Sloan at General Motors to Jack Welch at General Electric to Steve Jobs at Apple, there is a history of CEOs being tagged as superstars (and indispensable to the organizations that they head), in successful companies.

Valuation 113
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Face-To-Face V.2021: What Zoom Teaches Us About The Connected Economy

PYMNTS

Given its hefty price tag and IT requirements, the technology was installed in conference or board rooms and not individual offices. Online marketplaces that were once places for buyers and suppliers to discover each other — and then do business offline — will become payment-enabled, if they aren’t already.

B2B 138