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Citi cuts Q1 iPhone production estimates on weak demand

Updated : December 28, 2018 10:43 PM IST

Citi said it expects the company to make 45 million iPhones for the quarter, down from 50 million it forecast earlier.
The cut was mainly due to weak outlook for the iPhone XS Max, analyst William Yang said in a research note.
Citi cuts Q1 iPhone production estimates on weak demand

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