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Estimated iPhone Sales Trimmed (AAPL)

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By Paul Ausick Published
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Trading firm Susquehenna has cut its estimates on the sales of both the iPhone and the iPad from Apple Inc. (NASDAQ: AAPL). The firm cites supply constraints as the reason for the cut in iPhone production, although total annual sales of all iPhone models is still expected to be 80%-100% higher than last year’s sales total of  16.24 million units.

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