Kgi Iphone Sales Have Peaked Supply Orders Will Decline 5 15 China Growth Flat
KGI is forecasting that iPhone shipments have now peaked for the year and that suppliers will see orders decline by anything from 5% to 15% in November and December. Analyst Ming-Chi Kuo is basing this on a mixture of reduced shipments seen in the supply chain and greater stock availability as supply catches up with demand. KGI says that it had already factored in declining supply chain orders to its estimate of 70-75M iPhone sales in the final two months of the year, well below consensus estimates ranging from 75-85M....