Citi Cuts First-Quarter iPhone Production Estimates on Weak Demand - Tech news daily

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Friday, 28 December 2018

Citi Cuts First-Quarter iPhone Production Estimates on Weak Demand

Citi said it expects the company to make 45 million iPhones for the quarter, down from 50 million it forecast earlier. The cut was mainly due to weak outlook for the iPhone XS Max.

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