Analyst from Rosenblatt Securities expects weak sales of new smartphones Apple iPhone XS and XS Max, with the older model being sold better. According to Zhang Chan, the demand for new Apple devices is higher than on the iPhone X after it is on sale, but in the first two months the total number of sold devices will be lower.
In addition, the expert Rosenblatt is sure, Apple shares are overvalued.
The first weekend, says Zhang Chang, iPhone XS Max were sold out, but XS still remained in warehouses. As noted by AppleInsider, in the past, the same analyst made a few mistakes in the forecasts for the iPhone X. He also expected low performance, but as a result, the smartphone became a hit, surpassing the predecessors.