“Analyst Jun Zhang said there has been no evidence of further cuts to iPhone X production after the holiday season,” Hughes reports. “The memo to investors issued on Tuesday is particularly noteworthy because Rosenblatt has a history of providing negative outlooks on AAPL stock.”
“Rather than iPhone X production cuts, Zhang believes it’s possible that the Taiwanese media is confused, and is instead referring to cuts in iPhone 8 and iPhone 8 Plus production,” Hughes reports. “According to Zhang, cuts for the iPhone 8 lineup began in the December quarter as production of the flagship iPhone X ramped up.”
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MacDailyNews Take: Post Christmas silliness. Thanks to whomever for today’s $5+ AAPL discount gift!
Apple stock tumbles on one poorly-sourced report of low iPhone X demand – December 26, 2017
Apple and suppliers shares drop on report of weak iPhone X demand – December 26, 2017