Apple's stock hits the 'death cross' of new iPhone order cuts and old iPhone bans

Forecasts for iPhone production cuts are becoming a familiar refrain but they are now reaching a crescendo mode as an analyst from the research shop Rosenblatt is predicting in MarketWatch a new round of order cuts for the March quarter.

The iPhone XR is expected to take the biggest hit, as it may amount to 2.5 million out of the 4 million total order dive. The iPhone XS orders are said to be slashed with 1.5 million, and the most expensive XS Max might see the smallest drop in production orders, to the tune of half a million.

Our iPhone estimates have ...

Friday, 21 December 2018 GSM ARENA GSMArena.com