Friday, 2 March 2018

JP Morgan cuts estimate of Q1 Apple iPhone X production by 25%, Q2 production by 44%

Over at securities firm JP Morgan, analyst Narci Chang is taking an axe to her estimate of Apple iPhone X production for the first half of 2018. From January through March, Chang now expects Apple to produce 15 million units of the tenth-anniversary model. That is a drop of 5 million handsets (25%) from his original prediction. For the second quarter, the analyst lowered his estimate by a whopping 44%, as he now sees 10 million iPhone X units rolling off the assembly line during the three months. He originally called for 18 million phones to be produced from April through June.

Apple hinted ...

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