FINISAR: WEAK iPHONE X SALES AND CHINA OPTICS POLICY $FNSR $AAPL $OCLR $LITE $VIAV $AAOI $SANM
This post was just published on ZYX Buy Change Alert. Here is the relevant information about FNSR that you need to know. AAPL has made a large commitment to FNSR. This is a positive for the future. However, there is no immediate benefit to FNSR because the plan is for AAPL to buy more components from FNSR in the future and not right away. We have previously written about weak iPhone X sales. This is casting a doubt on the future of high priced phones from AAPL and in turn it is hurting FNSR. FNSR is providing FaceID components for iPhone X. There are many reports