Bluefin

“Our most recent Apple Inc. (NASDAQ: AAPL) supply chain update over the first full weekend in March indicates no changes to the 50M March quarter build forecast,” said BlueFin’s John Donovan, in a note. Preparing For iPhone 8/X The analyst mentioned that the supply chain preparing...

Semiconductors reported Q4 revenues marginally better than expected, driven by PC and China smartphone upside. The outlook for Q1 is “largely seasonal, with pockets of weakness in the smartphone market,” BlueFin’s Paul Peterson said in a report. BlueFin forecast 6.7 percent...

“With great anticipation for enhanced displays, newer casings, wireless charging, multiple dual-camera SKUs, and an additional footprint, demand for iPhone 8 does not appear to be the issue, rather minimizing inventory exposure is the name of the game as we navigate through 2017,”...

Lululemon Athletica inc. (NASDAQ: LULU) is scheduled to pre-announce its fiscal fourth-quarter financial results next week and could provide sales and EPS guidance slightly higher than the current consensus expectations of $782 million and $1.00, respectively, BlueFin’s Rebecca Duval said in...

It has been a good year for the technology sector, the largest sector allocation in the S&P 500. The tech-heavy NASDAQ-100 Index is up 8.7 percent while the Technology SPDR (ETF) (NYSE: XLK), the largest technology exchange-traded fund, is higher by 16.5 percent. PSI, Ahead Of The Rest...

According to an article in the Commercial Times in Asia published earlier this week, Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE: TSM) had increased its 16nm production for the Apple Inc. (NASDAQ: AAPL) A10 processor, since iPhone 7 sales were exceeding expectations. Latest checks indicate...

Business in the semiconductor segment appears to be “pretty good” and the implications of recent iPhone reductions on the semiconductor supply chain aren't as bad as they were last year, Bluefin’s Paul Peterson said in a report. Semiconductor companies largely announced...

Semiconductor companies largely announced a slight earnings beat for Q3 and projected in-line guidance following a string of disappointing growth outlooks, while Q4 seems to be tracking modestly ahead of expectations, Bluefin’s Paul Peterson said in a report. Peterson mentioned business...

The latest supply chain updates for Apple Inc. (NASDAQ: AAPL) suggest that early 2017 would be a period of build cuts and uncertainty, Bluefin’s John Donovan said in a report. He downgraded his view on the stock from Positive to Cautious. The iPhone internal build estimate for Q1 has been...

While GoPro Inc (NASDAQ: GPRO)'s Q3 results were expected to be poor, the magnitude of the Q3 miss was “shocking,” BlueFin's John Donovan said in a report. He added that the company’s Q4 outlook was also disastrous. Catastrophic Results Terming the Q3 results as “...

Production levels remained stable month-on-month for Intel Corporation (NASDAQ: INTC) in September. BlueFin’s Steve Mullane reiterated a Positive rating on the company. The company ended Q3 with production down 3-4 percent sequentially, 2 percent higher than the guidance. On September...

BlueFin’s John Donovan believes GoPro Inc (NASDAQ: GPRO)'s HERO5 product “addresses many of the shortfalls with previous HERO devices, including a full waterproof capability without needing an additional case, voice activation, touch screen improvements, and uploading improvements for...

BlueFin said in a note released on Sunday that it sees the diversification opportunities for Ambarella Inc (NASDAQ: AMBA) away from GoPro Inc (NASDAQ: GPRO) as positive and positioning Ambarella nicely going forward. Given that GoPro's prospects have degraded, the firm said it is concerned for the...

BlueFin’s John Donovan believes Apple Inc. (NASDAQ: AAPL) has been “handed a gift-wrapped opportunity,” due to the Samsung (SAMSUNG ELECTRONIC KRW5000 (OTC: SSNLF)) Note 7 disaster. Gift-Wrapped Opportunity However, the analyst also mentioned that while the iPhone 7 is likely to...

BlueFin’s Rebecca Duval believes Coach Inc (NYSE: COH) is taking bold steps to re-position its products. If these initiatives bear fruit, “it will go a long way to protect against any brand image erosion.” Duval reiterated a Market Outperform rating on the company with a price...