GS estimates AAPL will produce 6% fewer iPhones than expected based on negative supplier outlook i.e. Lumentum reduced it's shipment outlook "We are concerned that end demand for new iPhone models is deteriorating," Goldman said in the note. "We note this could easily right itself given the bulk of demand comes in late December but we feel more prudent sell through forecasts are warranted due to the timing and magnitude of this warning."
Submitted November 13, 2018 at 08:26AM by stealthVault https://ift.tt/2DgQSSZ
