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iPhone Returns To Positive Y/Y Revenue Growth

January 28, 2020 by Jonathan Custer

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 …

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

January 28, 2020 by Jonathan Custer

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 …

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Pegatron To Open Plants In Indonesia and Vietnam

January 27, 2020 by Jonathan Custer

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 …

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