iPhone sale slump could be incoming
iPhone sale slump could be incoming Analysts downgrade stock to ‘sell’ as Goldman Sachs issues fear. When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. Goldman Sachs has downgradedApplestock to ‘sell’, telling investors that a downturn in shipments and consumer demand will impact sales of iPhones. Analysts believe that a slowdown in sales caused by coronavirus restrictions will be compounded by a decrease in the average selling price (ASP) of consumer products such as smartphones if, as expected, there is a global recession....