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Citi analysts dramatically scale back 2018 iPhone X forecasts, citing ‘sluggish demand’

There’s been no shortage of pessimism where 2018 iPhone X sales are concerned. Reports in January and February claimed that Apple was halving its production targets for the current quarter, and a recent survey focused on the reasons some iPhone owners haven’t upgraded.

A new analyst note from Citi is the most pessimistic one to date, dramatically scaling back the firm’s forecast iPhone X sales for both Q1 and Q2 …

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