Analysts worry Apple iPhone sales are even worse than they thought

Customers inspect new iPhone 8 and plus models at a telecom shop in Omotesando Avenue in Tokyo, Japan on September 22, 2017.

David Mareuil | Anadolu Agency | Getty Images

Customers inspect new iPhone 8 and plus models at a telecom shop in Omotesando Avenue in Tokyo, Japan on September 22, 2017.

A disappointing forecast from a key Apple chipmaking partner has some Wall Street analysts worried about iPhone sales forecasts.

On Thursday Bank of America Merrill Lynch and J.P. Morgan warned their clients that Apple’s iPhone sales may come in below expectations.

Taiwan Semiconductor Manufacturing (TSMC) said Thursday its revenue guidance range for the second quarter is $7.8 billion to $7.9 billion versus the Wall Street estimate of $8.8 billion. The firm blamed…

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