Global bank sees a much larger drop in Apple iPhone sales this year compared to 2018’s decline


Earlier today, we told you that analysts at investment banking firm J.P. Morgan told clients in a note that they were not impressed with the “depth” of Apple’s services unit. Additionally, the firm said that it expects a year-over-year decline in calendar 2019 iPhone sales. Apple no longer provides this information during its quarterly earnings report, although it does report quarterly revenue attributed to iPhone sales.
According to Seeking Alpha, investment banking firm Credit Suisse has weighed in with its own note to investors that include the bank’s estimates …

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