China isn't Apple's only problem, iPhone sales are 'collapsing,' tech investor Dan Niles warns

China isn't Apple's only problem, iPhone sales are 'collapsing,' tech investor Dan Niles warns

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2019/01/10/iphone-sales-are-collapsing-investor-dan-niles-warns.html

Hedge fund manager Dan Niles believes Apple's troubles are much bigger than China, and Wall Street is largely ignoring them.

Niles, who made a name for him in the technology space, warns that iPhone price sticker shock is the catalyst that will take Apple stock down even further this year.