One week before its latest earnings report, Wall Street is in "full panic mode" on Apple

A week from today, Wall Street will be focused on Apple as the tech giant reports its fiscal second quarter 2018 earnings. The most important number, as usual, will be the number of Apple iPhone units sold. For its fiscal first quarter, Apple sold 77.3 million handsets, falling short of the 80.2 million that Wall Street expected. But in that report, Apple reported higher than expected average revenue per unit, which seemed to indicate that the Apple iPhone X was off to a strong start.

But no one is thinking that now. The tenth anniversary model made up 16% of iPhone sales during Apple's ...