Intel just gave a revealing clue about how badly Apple’s iPhone unit sales may have shrunk (AAPL)
|01/25/2019||Posted by BusinessMediaguide.Com under General World News||
- Intel Thursday gave Apple watchers some insight into the latter’s iPhone sales shortfall during the holidays.
- The chip maker announced that the revenue it saw from its cellular modems was $200 million less than expected.
- Apple is the major customer of Intel’s modem chips.
- A back-of-the-envelope calculation suggests that Apple could have sold 11.8 million fewer iPhones than expected.
Intel may have just given us a better sense of how poor Apple’s iPhone sales were over the holidays.
Apple may have sold as many as 11.8 million fewer smartphones than expected in the fourth quarter, based on back-of-the-envelope calculations. The calculations were derived read more >>>