Goldman Cuts iPhone Estimates Citing ‘Deterioration In Demand’

Just about the last thing tech needed on Wednesday after FANG stocks were bludgeoned to death by a confluence of factors (now testing the 100-DMA)... ...and after the Nasdaq posted its worst decline since February 8... ... was for Goldman to come out and say something negative about Apple.   But you know what they say, when it rains it fucking pours and so, we got this (out late last night): "iPhone demand expectations for March and June are already weak but we believe that early