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Apple stock slumps on tepid iPhone X sales outlook
Apple shares closed 2.5 percent lower as analysts forecast weaker iPhone X demand ahead of 2018. Reuters cited Taiwan Economic Daily News and Bloomberg reports predicting first quarter 2018 shipments around 30 million or less, with fears of sustained impact from high $999 price and holiday season buying slowdowns.
MENTIONED IN THIS ARTICLE
Apple
Cupertino
Calif
Taiwan
Economic Daily News
Reuters
JL Warren Capital
Bloomberg
Sinolink Securities Co
Nomura Instinet Equity
Jeffrey Kvaas
Kvaal
U.S
China
Morgan Stanley
Katy Huberty
Rosenblatt Securities
North America
StreetInsider.com
Rosenblatt
Jun Zhang
S&p 500
Telecom
Ener
Chesapeake Energy
Chesapeake Utility Company
Vanguard
Thsmidxadmil
Petroleum Company
Vanguard Wingtn Admin
Freeport McMoran
FCX
ETF
SPDR
S&p500
Spdr Financial
Vane Wect
Spdrs&po&g
Vane Vector GoldMin
GDXI
ARM
Bankrate.com
Qorvo
Troyer
Skyworks Solutions
SWES
Envison Envision Healthcare
EVHC
21St Century Fox A
FOXA
VW Media
Disney
Frankfurt
Hong Kong
Broadcom
AVGO
Japan
London
Mexico
Associated Press
Morningstar