JPMorgan snips Apple iPhone estimates, target

Jun. 17, 2019 12:25 PM ETApple Inc. (AAPL)AAPLBy: Brandy Betz, SA News Editor42 Comments
  • JPMorgan trims its Apple (AAPL +0.7%) target from $235 to $233 and maintains an Overweight rating.
  • The firm revises its iPhone shipment estimates for calendar Q2-Q4 to 4% lower or $139.5M total. JPMorgan only "modestly" reduces the iPhone forecast for CY20 and CY21 but that outlook still sees shipment growth on the year.

Recommended For You

Comments (42)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.