J.P. Morgan drops Apple, Qualcomm from top picks as tech demand slows (Yahoo! Finance: Company News)

Yahoo! Finance: Company News
J.P. Morgan drops Apple, Qualcomm from top picks as tech demand slows – Analyst Samik Chatterjee said a moderation in consumer spending would temper higher expectation from the recent iPhone SE launch, while a slowdown in gaming in China could weigh on Apples services. Apple is already planning to lower iPhone and AirPod production due to a demand slowdown, the Nikkei newspaper reported …

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