Another Data Point Suggesting an Apple Q4 Miss Is in Store
I've already made my case for why Apple (NASDAQ: AAPL) might end up missing its revenue guidance for the fiscal fourth quarter, which closes on Sept. 30. My thesis is that Apple's strong Q4 guidance was issued before one of Apple's key suppliers for vertical-cavity surface-emitting laser (VCSEL) arrays, Finisar, ran into manufacturing delays related to a process change. I could certainly be wrong, but the timeline of events supports my theory.
Apple investors now have another data point that could suggest a Q4 miss is on the horizon.
Everyone wants iPhone X, which won't ship until fiscal Q1. Image source: Apple.
Source: Fool.com
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