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Stock impact report

Apple Suppliers Tumble After Report Tim Cook "Secretly" Developing Own Screen [zero hedge]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: zero hedge
There is one way to assure that your supply chain is not impacted by the upcoming trade wars: bring all your manufacturing to the host nation and no longer rely on foreign suppliers.That's precisely what Apple appears to be doing because in a move that may cause a dramatic shake-up among the key vendors to the world's biggest company, Bloomberg reports that Apple is designing and producing its own device displays for the first time, using a secret manufacturing facility near its Cupertino headquarter to make small numbers of the screens for testing purposes; if successful the numbers will grow far bigger.In the latest indication that Tim Cook wants to eliminate any supply bottlenecks, and really, any suppliers - recall the historic crash of Dialog Semi which plunged the most in 16 years after a report that Apple would bring its power-management chip production in house - the tech giant is making a significant investment in the development of next-generation MicroLED screens, according Show less Read more
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