Economics

Analysts Cut iPhone X Shipment Forecasts, Citing Lukewarm Demand

  • High price and few innovations dimming buyer interest, JL says
  • Asian Apple supplier shares fell on iPhone X order cut reports
Bloomberg Intelligence analyst Paul Sweeney discusses iPhone X sales forecasts for 2018.(Source: Bloomberg)
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Apple Inc. looks like it’s having a not-so Merry Christmas.

Analysts have lowered iPhone X shipment projections for the first quarter of next year, citing signs of lackluster demand at the end of the holiday shopping season.