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Negative News Emerges for Apple iPhone X Sales


Negative News Emerges for Apple iPhone X Sales

Per a new report from DIGITIMES, demand for components that go into Apple's (NASDAQ: AAPL) iPhone X came in 30% lower than expected in November, with the publication's sources claiming that demand for such components is "likely to drop further in December." The publication cites "sources from the upstream component supply chain" for this information.

Apparently, demand for such components isn't as robust as expected, with shipments in November leading DIGITIMES' sources to worry that Apple "may reduce its iPhone X shipment target for the first quarter of 2018." 

Image source: Apple.

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Source: Fool.com

Apple Inc. Stock

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The Apple Inc. stock is trending slightly upwards today, with an increase of €0.66 (0.370%) compared to yesterday's price.
Currently there is a rather positive sentiment for Apple Inc. with 80 Buy predictions and 5 Sell predictions.
With a target price of 200 € there is a slightly positive potential of 12.84% for Apple Inc. compared to the current price of 177.24 €.
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