Apple likely to slash iPhone 13 production due to chip crunch - Bloomberg News [Financial Post (Toronto, Ontario, Canada)]
Texas Instruments Incorporated (TXN)
Last texas instruments incorporated earnings: 4/21 04:01 pm
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Source: Financial Post
The company was expected to produce 90 million units of the new iPhone models by the end of this year, according to Bloomberg and the report added that Apple told its manufacturers that the number of units would be lower because the tech giant's chip suppliers including Broadcom Inc and Texas Instruments are struggling to deliver components.(https://bit.ly/3iUWcQ3) 17 best online deals in the Canadian retail space right now Advertisement Advertisement Article content Shares of Apple fell 1.2% in after-hours trading, while those of Texas Instruments and Broadcom were both down about 1%. Apple declined to comment. Broadcom and Texas Instruments did not immediately respond to Reuters' requests for comment. In July, Apple forecast slowing revenue growth and said the chip shortage, which had started eating away at its ability to sell Macs and iPads, would start impacting iPhone production. Texas Instruments also gave a soft revenue outlook in the month, hinting on chip suppl
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News
- Why Texas Instruments Stock Opened 8.5% Higher Today [Yahoo! Finance]Yahoo! Finance
- European Stocks Turn Lower on Worries Over Earnings, Geopolitics [BNN Bloomberg (Canada)]BNN Bloomberg
- Texas Instruments Incorporated (NASDAQ: TXN) had its price target raised by analysts at Evercore ISI from $213.00 to $225.00. They now have an "outperform" rating on the stock.MarketBeat
- Why Texas Instruments (TXN) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
- Why Lattice Semiconductor (LSCC) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
TXN
Earnings
- 4/23/24 - Beat
TXN
Sec Filings
- 4/24/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 3/26/24 - Form 4
- TXN's page on the SEC website