Soft iPhone sales will hit Apple’s Q1 2023 finances, weak dollar will help

Soft holiday iPhone sales will hit Apple’s first fiscal quarter, while strong currencies against a weaker dollar may have helped Apple’s finances according to UBS analysts.

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For Apple’s Q1 2023 financial results, UBS forecasts Apple to have shipped 79 million iPhones, a little below the 80 million consensus, but far higher than the “street low” of 74 million.

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