Apple iPhone X expectations 'still too high' despite stock pullback, analyst says

Apple iPhone X expectations 'still too high' despite stock pullback, analyst says

7 years ago
Anonymous $1bh8zaeyQS

https://www.cnbc.com/2018/01/02/clsa-apple-iphone-x-expectations-still-too-high-despite-stock-pullback.html

Apple iPhone X volume expectations are still too high despite a recent correction in investor expectations, according to one Wall Street firm.

With fourth-quarter phone sales expectations lower and first-quarter 2018 numbers unlikely to improve, CLSA warned clients that the market may still be too bullish on Apple shares.