Shipments of Apple's iPhone Likely to Miss Q4 2015 Estimates by 5%-10%
Shipments of Apple (NASDAQ: AAPL) iPhones from production lines in Q4 of 2015 are likely to be 5%-10% below what was originally expected for Q4 2015, according to sources as reported by DigiTimes on Tuesday. Demand for the iPhone 6S and 6S plus has weakened, leading to market research firms lowering their Q4 iPhone shipment estimates to 72-75 million units vs 76-78 million units originally forecast, the sources said.
Apple closed Monday at $106.82, Down $1.21.
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