Bernstein says Apple iPhone 18 Pro demand down low single digits y/y, revenue tracking modestly below expectations

Bernstein says U.S. demand for Apple's iPhone 18 Pro and 18 Pro Max is down low single digits year over year, with revenue for the first two months of the quarter tracking modestly below expectations. The analyst also flags surging memory chip prices crimping margins.

Detected & updated continuously · Source: Nebula