Wednesday, September 27, 2017

Kuo: Reports of iPhone 8 Sales Woes ‘Overdone’ and ‘Excessively Negative’

Reports of lower than expected first weekend iPhone 8 sales are “overdone,” KGI Securities analyst Ming-Chi Kuo told investors in a new note sent out this evening. Kuo says that based on estimates of iPhone 8 production and research data from Localytics, the market is “excessively negative” on iPhone 8 sales. According to Kuo, first weekend sales of the iPhone 8 were not weak, but stable. He

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