Respected Apple Analyst Cuts iPhone XR Estimates Yet Again [The Motley Fool]
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Source: The Motley Fool
The iPhone XR can't catch a break. Evan Niu, CFA ( TMFNewCow ) Dec 14, 2018 at 2:15PM It's been a rough couple of months for Apple 's ( NASDAQ:AAPL ) iPhone XR. Investor sentiment got so bad due to fears of lackluster demand that the company even took the rare step of defending iPhone XR unit volumes, with marketing exec Greg Joswiak recently saying that the iPhone XR has been our most popular iPhone each and every day since the day it became available . That proclamation did little to quash investors' fears though, as shares have continued their monthslong slide. Analysts aren't convinced, either. Image source: Apple. The last cut is the deepest Respected Apple analyst Ming-Chi Kuo has just released a research note (via MacRumors ) cutting his estimate on iPhone XR shipments -- again. Kuo now expects the tech titan to ship 15 million
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