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Apple Ditches IPhone Production

Bloomberg Businessweek

00:00

Apple Shares - What's the Biggest Problem?

Apple sharers fell as much as four point six %, but they've been steadily pairing their losses. Less demand for its highest priced phones or for those super expensive high mecios phones. Yet it's not as bad as you might think either. So the cell side in particular is sanguine, because most of them were modelling for 90 million units anyway. And so if they stick to that original 90 million gold, which was modelled by the street, then maybe those higher a s ps can boost the top line even if just a little.

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