Apple analyst Ming-Chi Kuo has significantly reduced his forecast for iPhone unit shipments in the upcoming quarters. In a new report today, Kuo says that lower demand for iPhone XR means he sees iPhone sales falling year-over-year significantly.
For calendar Q1 2019, Kuo predicts sales in the 38-42 million range (down from 50 million in the year-ago quarter for 2018). Kuo also sees significantly lower iPhone sales for 2019 compared to current consensus estimates …
The post Ming-Chi Kuo cuts first quarter iPhone sales estimates by 20%, says iPhone XR demand is low appeared first on 9to5Mac.
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