at a research note from securities firm Cowen. The note, written by analyst Krish Sankar, says that Apple is still expected to produce 35 million iPhone units during the company's third fiscal quarter which ends in June. That represents a 5% decline in the number of iPhone handsets that will roll off assembly lines from April through June compared to the number produced during the previous quarter. On an annual basis the decline is 13%.
During the quarter running from April through June, Cowen sees Apple delivering 30 million phones. 17% or 6 million of these ...
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