Apple Sales news and trends

Analyst Continues To Cut Apple Estimates Due To iPhone Sales
Apple // April 27, 2018

An analyst believes that Apple’s fiscal third-quarter financial results will disappoint Wall Street, according to CNBC. Bernstein analyst Toni Sacconaghi predicts that Apple’s revenue will fall in the range of $47 billion to $49 billion for its June quarter, compared to the analyst average of...

Pacific Crest: Investors Better Off Owning Alphabet, Citing Weak iPhone 2017 Sales
Apple // June 06, 2017

Apple saw Pacific Crest Securities downgrade its investment rating on the stock to sector weight from overweight, saying in a research note to clients that while Apple is expecting strong performance out of the iPhone 8 cycle, it’s not factoring in the chance that iPhone sales...

Quick Reads
New iPhone Sales Projected To Slow

September 26, 2018
Following initial excitement around the Apple iPhone XS series, sources familiar with the supply chain claim that demand for the devices could slow. Already, the first wave of iPhone XS and XS Max sales are said to be weaker than the generation of iPhone 6 devices, DigiTimes reported. The reason? The iPhone XS Max’s “extremely […]

Analyst Continues To Cut Apple Estimates Due To iPhone Sales

April 27, 2018
An analyst believes that Apple’s fiscal third-quarter financial results will disappoint Wall Street, according to CNBC. Bernstein analyst Toni Sacconaghi predicts that Apple’s revenue will fall in the range of...

Pacific Crest: Investors Better Off Owning Alphabet, Citing Weak iPhone 2017 Sales

June 06, 2017
Apple saw Pacific Crest Securities downgrade its investment rating on the stock to sector weight from overweight, saying in a research note to clients that while Apple is expecting strong performance...