‘Winter is here:’ Apple slides as UBS cuts estimates on iPhone weakness


Apple Begins Selling New iPhone 16 At Stores Across The Country

Michael M. Santiago

Apple (NASDAQ:AAPL) shares fell more than 3% on Thursday as investment firm UBS cut its estimates for the tech giant amid weakness in the iPhone.

“Following another month of soft iPhone sell-through, we lower our iPhone unit and revenue estimates that were already


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