Apple is getting crushed after analysts predict that iPhone unit sales will shrink next year — which is the same time it will stop disclosing iPhone sales (AAPL)
|11/12/2018||Posted by BusinessMediaguide.Com under General World News||
- Apple shares are sliding on Monday after a series of bad data points for iPhone demand.
- JP Morgan analysts said that iPhone unit sales could decline on an annual basis in both 2018 and 2019.
- TF International Securities analyst Ming-Chi Kuo cut his forecast for iPhone XR shipments from 100 million to 70 million.
- Apple said earlier this month that it will no longer provide iPhone sales figures to investors.
Apple is down more than 4% on Monday after a slew of analyst reports suggested that iPhone unit sales could drop year-over-year as soon as the first quarter of 2019.
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