Analyst Ming-Chi Kuo is one of the more reliable Apple watchers out there. And he doesn’t have good news for the company.
In his latest note to clients, Kuo slashes his estimate on the number of iPhones Apple is likely to sell in the coming months. Compared to the 50 million iPhones Apple sold in Q1 2018, Kuo thinks the company will sell just 38 to 42 million units.