Apple's 3D Laser Supplier Announces Order Cut, The Finisar Wild Card, Early Read on iPhone XR Sales

Today's Above Avalon daily update includes the following topics: 

  • Apple's 3D Laser Supplier Announces Order Cut

  • The Finisar Wild Card

  • Early Read on iPhone XR Sales

Today’s email will be focused on the latest developments regarding iPhone component order cuts and questions surrounding iPhone demand. We begin with Lumentum, an Apple supplier, slashing guidance due to receiving a very large order cut. The discussion then turns to why I think Finisar, another Apple supplier, should be part of the debate regarding Lumentum. The email concludes with a look at the latest iPhone adoption trends.

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