The new iPhones are less popular and make Apple fall

Apple has a privileged position in the market, but it seems that its products are gradually losing popularity. Apple's latest iPhones may not be enjoying as much success as the company would like, as the share prices of many of its suppliers, and Apple itself, are declining according to Bloomberg.

Apple goes public with its suppliers due to the lesser success of the new iPhone

At the beginning of this month, Apple's earnings report for the fourth quarter of 2018 showed only marginal signs of growth in iPhone sales, and it appears that the situation is also having a major impact on the company's suppliers. Specifically, Lumentum, a company that develops 3D sensing technology, saw its share price drop 30%, a record, the same day it updated its forecast for the second quarter of 2019.

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The company lowered its forecasts due to a request from one of its largest customers to "significantly reduce shipments. " Although no names were used in the report, market analysts believe this refers to Apple, Lumentum's largest customer. Analyst James Kisner added that the market for 3D detection technology will be smaller than expected next year.

Other suppliers have also been affected, with shares falling for most of them. Or of course, which is being acquired by the aforementioned Lumentum, experienced a fall of 11%, Cirrus Logic fell 10% and Broadcom fell 5%. The apple itself also fell 4.1%. The Bloomberg report specifically targets weak demand for the newest iPhones in China.

The stock market tends to be quite unstable, and declines and increases can occur very quickly for a variety of reasons. Following its fourth-quarter earnings call, Apple temporarily fell below the $ 1 trillion market value, but recovered quickly.

Bloomberg font