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Politics : Formerly About Apple, Inc. Unmoderated
AAPL 437.35-3.0%3:59 PM EDT

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From: lucky_limey6/13/2019 11:30:55 PM
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New iPhone Lineup Unlikely To Spur Big Uptick In Demand, Analyst Says

An investment bank on Thursday cut its forecast for Apple ( AAPL) smartphone production this year, saying the new iPhone lineup this fall is unlikely to drive meaningful growth.

Yasuo Nakane, global head of tech research for Mizuho Securities, said he foresees "weak demand" for the 2019 model iPhones because of "limited new features."

In a report, he lowered his iPhone production estimate to 178 million units from 186 million
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