Demand for Apple’s has started to wane, suggests a new report from which cites JP Morgan analyst Samik Chatterjee.
Chatterjee believes that Apple will ship 230 million iPhones this year, which is slightly lower than his previous estimate of 236 million units. Still, it would be an increase of 13 percent when compared to 2020.
The analysis is based on a downward revision of the investment bank’s electronics manufacturing service (EMS) build estimates and channel checks in China which imply that demand in the country might not be as strong …
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