Scalper1 News
Three more Wall Street analysts lowered their iPhone production estimates on Wednesday after reading the tea leaves in the Asian supply chain. Mizuho Securities analyst Abhey Lamba said his firm’s checks of Apple’s (AAPL) iPhone supply chain continue to indicate weakness. “It seems like March quarter procurement could end up in the low 40 millions, which would be meaningfully below current consensus sell-in number of 60 million phones,” Lamba said Scalper1 News
Scalper1 News