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I don't think Apple actually reduced guidance, I think the article in question predicted that they would reduce guidance. What we know for sure is that the pho
by dkrich 9y ago
I don't think Apple actually reduced guidance, I think the article in question predicted that they would reduce guidance.
What we know for sure is that the phone was sold out as soon as it opened for pre-orders and that Apple on their last earnings call reported huge demand for the X. I'm not at all saying that the following is what happened, but it's important to not take any one news report as fact, especially one based on "sources" or "rumors". Stock manipulation and poorly-researched reporting are very real things and again, not saying that's what's going on here, but I would want to see Apple come out and report low demand before forming any lasting conclusion. If that happens, I'll definitely have a different opinion.
In the face of lots of evidence to the contrary, lines like this make me skeptical of the validity:
Apple is said to have trimmed its first-quarter sales forecast to 30 million units from 50 million, Taiwanese newspaper Economic Daily News reported, citing unidentified supply chain officials.