More analysts join the herd cutting Apple iPhone estimates

By | January 15, 2016

Scalper1 News

The steady drip-drip-drip of negative reports on Apple (AAPL) iPhone production and sales continued on Friday. Nomura Securities analyst Jeffrey Kvaal cut his forecasts for iPhone sales for the company’s fiscal first and second quarters. “The alarming supply-chain news is impossible to ignore,” Kvaal said in a note Friday. “The steady drip of disappointing news flow out of the supply chain has weighed heavily on Apple’s share price in recent Scalper1 News

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