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Stockreport

Apple iPhone Unit Sales Seen Falling By 5% To 10% In 2019 [Investor's Business Daily]

Apple Inc. (AAPL)  More Company Research Source: Investors Business Daily
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Related news A respected Apple ( AAPL ) analyst on Friday took an ax to his iPhone estimates for 2019. He now sees iPhone unit sales falling 5%-10% from 2018. TF International Securities analyst Ming-Chi Kuo said demand for Apple's iPhones is falling well short of earlier projections. "2019 iPhone shipments (are) likely to be under 190 million units," he said in a report, according to CNBC . That compares with the current analyst consensus for 212 million units, according to FactSet. He now expects iPhone unit shipments in a range of 188 million to 194 million in 2019. For 2018, Apple is likely to ship 205 million to 210 million iPhone units. Kuo is well known for having great sources among Apple's supply chain partners, resulting in accurate reports. An increase in demand for less-expensive, older-model iPhones will not be enough to offset soft sales of the company's 12th-generation models, the iPhone XS and XR, he said. Apple announced Nov. 1 that it will no longer provide unit sale [Read more]
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Stockreport

Apple iPhone Unit Sales Seen Falling By 5% To 10% In 2019 [Investor's Business Daily]

Apple Inc.  (AAPL) 
More Company Research Source: Investors Business Daily
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Related news A respected Apple ( AAPL ) analyst on Friday took an ax to his iPhone estimates for 2019. He now sees iPhone unit sales falling 5%-10% from 2018. TF International Securities analyst Ming-Chi Kuo said demand for Apple's iPhones is falling well short of earlier projections. "2019 iPhone shipments (are) likely to be under 190 million units," he said in a report, according to CNBC . That compares with the current analyst consensus for 212 million units, according to FactSet. He now expects iPhone unit shipments in a range of 188 million to 194 million in 2019. For 2018, Apple is likely to ship 205 million to 210 million iPhone units. Kuo is well known for having great sources among Apple's supply chain partners, resulting in accurate reports. An increase in demand for less-expensive, older-model iPhones will not be enough to offset soft sales of the company's 12th-generation models, the iPhone XS and XR, he said. Apple announced Nov. 1 that it will no longer provide unit sale [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS