Sunday, December 30, 2018

Citi Cuts Q1 iPhone Production Estimates on Weak Demand

Citi said it expects the company to make 45 million iPhones for the quarter, down from 50 million it forecast earlier. http://bit.ly/2StL654

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...