Tag: Lumentum

  • Apple shares drop after iPhone supplier Lumentum cuts forecast

    by

    Apple Inc (AAPL.O) shares fell to their lowest in more than three months on Monday as the main supplier for its Face ID technology, Lumentum Holdings Inc (LITE.O), slashed revenue and profit forecasts, citing reduced orders from a major customer. Stoking fears among investors that demand for iPhones is waning, Lumentum said in its statement […]

    more