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Apple’s Shares Hit A Record High Despite iPhone X Production Issues

Apple’s Shares Hit A Record High Despite iPhone X Production Issues

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Despite iPhone X production issues, Apple’s Shares have managed to climb to a record high. Many of the brokers were excited about the demand and sales of iPhone X which resulted in pushing the company’s shares to reach a record high.

For the very first time, the Cupertino-based company did not provide the pre-orders figures for the newly released iPhones, making investors as well as analysts to conduct a research to track down the original sales figure.

Fortunately, after being signaled as a strong demand for the pricey iPhone X, the stockbrokers have some relief as earlier Apple mentioned there will be fewer units of iPhone X that will be shipped this year.

The well-known analyst – Daniel Ives, forecasted the pre-order figures for the iPhone X to be 10 million on last Monday. While several other analysts came up with the estimated sales figures for the next year.

Daniel also raised his pre-order demand expectation report for the iPhone X from 40 million units to 50 million and also mentioned the first stage of the release of iPhone X to be a “stellar success”.

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