Tuesday, 1 May 2018

Analyst returns to shovel more dirt on the Apple iPhone X's grave

Nearly two weeks ago, Mirabaud Securities analyst Neil Campling pronounced the Apple iPhone X "dead." This was based on TSMC's inventory of chips, which was reportedly at an all-time high. In addition, TSMC's recent earnings report included lower revenue forecasts for the remainder of the year. Sales to Apple are said to account for 20% of TSMC's revenue and the company blamed the weakness on sales of an unnamed high-end phone, which Campling said was the iPhone X.

Today, just minutes before Apple is to announce its fiscal Q2 earnings and reveal how many iPhone units it sold in the period, ...

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