Goldman predicts 36% drop in iPhone shipment, says time to sell Apple shares

Goldman predicts 36% drop in iPhone shipment, says time to sell Apple shares

4 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-apple-iphone/goldman-predicts-36-drop-in-iphone-shipment-says-time-to-sell-apple-shares-idUSKBN21Z1QW

Goldman Sachs said on Friday it expects iPhone shipment to drop 36% during the third quarter due to coronavirus-related lockdowns around the world and downgraded Apple Inc stock to "sell".