Lumentum news and trends

Apple Supplier Lowers Outlook, Prompting Stock Slip

November 13, 2018
Apple’s iPhone Production Rumors
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Apple Supplier Lowers Outlook, Prompting Stock Slip

November 13, 2018
Apple stocks fell 5 percent on Monday (Nov. 12) morning after one of its suppliers slashed its outlook. According to CNBC, Lumentum, which makes lasers that can sense in 3D, announced the latest outlook on Monday. The company manufactures components for the front-facing camera of Apple’s latest iPhones, which enable Face ID, augmented reality (AR) and […]