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Why the lack of an iPhone X ‘super cycle’ might actually be a good thing

Amid a slew of reports that Apple recently decided to cut iPhone X production in half, shares of Apple have predictably taken a beating over the past few days. While the idea that Apple has opted to reduce iPhone X production from 40 million units down to 20 million units seems absurd on its face, it hasn't stopped a number of tech pundits and analysts from coming out and boldly declaring that the iPhone X super cycle has been a bust.
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