Survey of carriers shows rising inventories of the Apple iPhone in North America and Western Europe

KeyBanc Capital Markets analyst John Vinh sent a note to clients yesterday, passing along more information about weak Apple iPhone sales. T...

KeyBanc Capital Markets analyst John Vinh sent a note to clients yesterday, passing along more information about weak Apple iPhone sales. The analyst revealed that KeyBanc's latest survey, covering the period from November to December, showed that inventories of the Apple iPhone held by wireless carriers in North America and Western Europe "went from bad to worse."

As reported by Investor's Business Daily, inventories of the iPhone XS and iPhone XS Max rose as sales of the pair "slowed dramatically." The analyst said that sales of the more affordable iPhone XR remained ...

from PhoneArena http://bit.ly/2TPlVKs