Markets

Is the New iPhone a Dud?

Is the New iPhone a Dud?

(San Francisco)

The market currently seems to be in a panic concerning Apple's new iPhones. Suppliers of iPhone parts have been plunging as investors and analysts are worried that demand for Apple's new phone is not robust. For many years Apple produced new iPhones with only marginal upgrades and saw sales soar. Now they have significantly upgraded the phone, but may be seeing weak demand. It is possible that consumers could simply be buying the phone online or upgrading through the company's program, neither of which would not be represented in the stats the market is watching.

FINSUM : We think this panic is totally overblown, especially as it is focused on the iPhone 8, not iPhone X. We expect strong sales when the iPhone X gets released.

  • stocks
  • Apple
  • iphone
  • iphone x
  • suppliers

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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