iPhone 5C sales estimates chopped by analyst

And here is why I hate analysts; Apple analyst Ming-Chi Kuo just slashed his estimates for iPhone 5C sales.

Kuo is now estimating Apple shipped 11.4 million 5Cs in the September quarter, a 33% drop from his original estimate. He also says he expects 5C sales to be just 10.4 million units for the December quarter, a 10% sequential drop.

He's still formulating (translation: he's out having a liquid lunch and scratching himself) what this means to Apple's overall units though because the 5S and the 4S remain strong sellers.



Source: BusinessInsider.