Influential Apple analyst cuts iPhone shipment estimates

Influential Apple analyst cuts iPhone shipment estimates

5 years ago
Anonymous $L9wC17otzH

https://techcrunch.com/2018/12/14/influential-apple-analyst-cuts-iphone-shipment-estimates/

TF International Securities Apple analyst extraordinaire Ming-Chi Kuo delivered a less than stellar iPhone forecast this week with the straight forwardly titled note, “2019 iPhone shipments likely to be under 190 million units.” The letter puts the number of Apple handsets well below previous analyst predictions of 212 million for next year.

Kuo is largely regarded as the most influential analyst for the company, both with regards to sales figures and a stellar track record of predicting future products, thanks in part to relationships with Apple suppliers. His forecasts have the ability to impact Apple stock, which has already take a hit this past quarter.