Estimated iPhone Sales Trimmed (AAPL)
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…
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.
Contact [email protected] for any questions or corrections.
Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
