Apple is expected cut back production on the iPhone 6s and 6s plus by at least 30% according to Nikkei. Apple's iPhone sales is the biggest source of revenue for the company. A cut back in production for the iPhone 6s is definitely a bad sign for Apple earnings this year. I'm bearish for apple for the short-term and definitely shorting it.
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AuthorThat Econ Student Archives
January 2016
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