Apple suppliers drop on report of weak iPhone X demand

Apple suppliers drop on report of weak iPhone X demand

7 years ago
Anonymous $1bh8zaeyQS

https://www.cnbc.com/2017/12/26/apple-suppliers-drop-on-report-of-weak-iphone-x-demand.html

Shares in several of Apple's Asian suppliers fell for a second straight day on Tuesday, hurt by a report from Taiwan's Economic Daily and some analysts saying that iPhone X demand could come in below expectations in the first quarter.

Apple will slash its sales forecast for the iPhone X in the quarter to 30 million units, the Taiwanese newspaper said on Monday, citing unidentified sources — down from what it said was an initial plan of 50 million units.