Apple: shares fall despite positive reports on iPhone XR
(CercleFinance.com) - Shares in Apple slipped on Thursday, despite good media coverage suggesting that the iPhone XR is the best selling iPhone since its launch date.
According to analysts, company executives have said that Apple's iPhone XR has been the company's best-selling iPhone model every day since it went on sale this autumn.
"That appeared surprising to many and in contradiction with all the negative newsflow heard about the XR so far, and triggered a lot of questions from investors," one analyst at New Street Research observed.
However, in early-morning trading, Apple shares are down 0.2% at 180.6 dollars, in line with the 0.2% fall in the Nasdaq Composite index.
Launched this autumn, the iPhone XR has an A12 Bionic chip, a liquid retina screen of 6,1 inches, and an aluminium and glass design, with six finishes. It is available at a price of 859 euros.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
According to analysts, company executives have said that Apple's iPhone XR has been the company's best-selling iPhone model every day since it went on sale this autumn.
"That appeared surprising to many and in contradiction with all the negative newsflow heard about the XR so far, and triggered a lot of questions from investors," one analyst at New Street Research observed.
However, in early-morning trading, Apple shares are down 0.2% at 180.6 dollars, in line with the 0.2% fall in the Nasdaq Composite index.
Launched this autumn, the iPhone XR has an A12 Bionic chip, a liquid retina screen of 6,1 inches, and an aluminium and glass design, with six finishes. It is available at a price of 859 euros.
Copyright (c) 2018 CercleFinance.com. All rights reserved.