This week, a few different financial analysts are reporting pessimism towards Apple iPhone 11 shipments. Rosenblatt reported that Apple is reducing production by about 25%.
Today, Credit Suisse analyst Matt Cabral said that shipments of iPhone in China fell more than 35% in November, compared to the same month in 2018. Apple infamously suffered a mass slowdown in China iPhone demand for the holiday quarter in 2018, so a fall compared to that reduced level is possibly significant.
more…