iPhone Returns To Positive Y/Y Revenue Growth

Apple announced financial results for fiscal Q1 2020 first quarter ended December 28, 2019. The Company posted quarterly revenue of $91.8 billion, an increase of 9 percent from the year-ago quarter and an all-time record.   After four consecutive quarters of negative y/y revenue growth, iPhone revenue turned up and led total revenues. Revenues from iPhones … More iPhone Returns To Positive Y/Y Revenue Growth

AMD Posts 50% Y/Y Revenue Growth, 18% Sequential

AMD announced revenue for the fourth quarter of 2019 of $2.13 billion, operating income of $348 million, net income of $170 million and diluted earnings per share of $0.15 after the close.   The stock is trading 4 percent lower in the after-hours on a lighter than expected revenue guide. 2019 marked a significant milestone in … More AMD Posts 50% Y/Y Revenue Growth, 18% Sequential

Pegatron To Open Plants In Indonesia and Vietnam

Pegatron, the world’s second-largest contract manufacturer of electronics,  announced plans to have new factories in Indonesia and Vietnam in operation by the end of the year. The company’s trying to reduce its reliance on its plants in China, where operating costs have risen due to higher labor costs and the U.S.-China trade war.  Pegatron is among … More Pegatron To Open Plants In Indonesia and Vietnam

China’s Auto Sector Hit By Coronavirus

A 30-meter long auto-production line of a company in Wuhan of Central China’s Hubei province has adopted the #5G technologies, the first time in China, which provided smoother data transition to the machines in the process to improve the efficiency. #tech pic.twitter.com/A5xM1rSBIZ — China Daily (@ChinaDaily) April 16, 2019 The first cases of the pneumonia-like … More China’s Auto Sector Hit By Coronavirus

Intuitive Revenues Up 22% Y/Y, 13% Sequential

Q4 Highlights Worldwide da Vinci procedures grew approximately 19% compared with the fourth quarter of 2018, driven primarily by growth in U.S. general surgery procedures and worldwide urologic procedures. The Company shipped 336 da Vinci Surgical Systems, an increase of 16% compared with 290 in the fourth quarter of 2018. The Company grew its da … More Intuitive Revenues Up 22% Y/Y, 13% Sequential

Skyworks Revenue Down 7.8 Y/Y, Up 8% Sequentially

Delivers Revenue of $896 Million, Up 8% Sequentially Posts GAAP Diluted EPS of $1.50; Non-GAAP Diluted EPS of $1.68 Generates $398 Million in Cash Flow from Operations Guides to Better-than-Seasonal Revenue Trends in Q2 FY20 Skyworks exceeded December quarter expectations driven by global demand for our high performance connectivity engines…Leveraging decades of experience, manufacturing scale … More Skyworks Revenue Down 7.8 Y/Y, Up 8% Sequentially