Apple Analyst Ming-Chi Kuo Says 'Worst is Soon Over' for iPhone Shipments

Well respected Apple analyst Ming-Chi Kuo has issued an investor note addressing the recent slowdown in iPhone shipments, reports MacRumors.

Kuo says the 'worst is soon over' and believes that the shares of AAPL and most of its suppliers are priced in the negative.

Our report published on December 14, 2018, was the first to cut the estimation of 2019 iPhone shipments to 190mn units or less; the current market consensus on 2019 iPhone shipments (160–180mn units) is much lower than our estimation and we believe the share prices of Apple and most iPhone suppliers are generally priced in the negative.





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