A popular Apple analyst just cut his iPhone XR shipment estimates by 30 million units

A popular Apple analyst just cut his iPhone XR shipment estimates by 30 million units

6 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/11/12/analyst-kuo-cuts-apple-iphone-xr-shipment-estimates.html

Well-known Apple analyst, TF International Securities' Ming-Chi Kuo, cut his forecast for iPhone XR shipments by 30 million units in a research note issued Monday. The iPhone XR is Apple's most affordable new iPhone and was released in October.

"We have reduced our iPhone XR shipment estimation from 100mn units to 70mn during the new product lifecycle (4Q18 - 3Q19)," Kuo said. It's a reversal from a similar report issued in October, in which Kuo said he expected the iPhone XR to be a big seller for Apple.