Why reports of weak iPhone XR sales shouldn’t be taken too seriously

Over the past few days, we've been inundated with reports surrounding what appears to be a lower than expected demand for the iPhone XR. Indeed, a number of investment firms have slightly lowered their price targets for Apple shares amidst reports that Apple recently reduced orders for iPhone XR components from suppliers. Bolstering this aura of pessimism around the iPhone XR are reports that some of Apple's supply partners are anticipating less revenue for the quarter than initially...

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