10 companies at risk from an Apple iPhone slowdown

Tech vendors may soon experience the repercussions of Apple's slow growth.

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lowered its rating on Apple stock to neutral from buy.

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The phone call followed earlier this week's claims that the tech giant might reduce iPhone production as a result of lacklustre demand.

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We evaluate the possible consequences of Apple unit cutbacks.

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We then lower consensus predictions for iPhone unit sales by an amount comparable to what our BofA IT hardware team has already done.

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Our approach makes the assumption that the decline is gradual.

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It's likely, though, that the agreement already has some flaws in the strategy.

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