There’s been no shortage of AAPL pessimism this week. Things kicked off on Monday with news that Ming-Ch Kuo had cut his iPhone XR shipment estimate from 100M to 70M, followed by a series of pessimistic Apple supplier reports.
The market was already nervous after Apple advised that it would no longer report unit sales for iPhone, iPad and Mac – a move which led some to suspect the company believes iPhone sales have now peaked. But a few analysts are cautioning against getting too carried away with the ‘Apple is doomed’ narrative …
more…