Citi cuts Q1 iPhone production estimates on weak demand

Citi cuts Q1 iPhone production estimates on weak demand

5 years ago
Anonymous $L9wC17otzH

https://www.reuters.com/article/us-apple-iphone/citi-cuts-q1-iphone-production-estimates-on-weak-demand-idUSKCN1OR19L

Citi Research on Friday slashed its first-quarter production estimates for Apple Inc's iPhones and nearly halved expectations on the costliest iPhone XS Max, joining other brokerages in lowering forecast amid reports of weak demand.