Orders for Apple’s new 4.7-inch iPhone SE better than expected

Orders for Apple’s newly-launched 4.7-inch iPhone SE are better than expected, TF Securities analyst Ming-Chi Kuo wrote in a note to clients on Tuesday. However, he still predicts that iPhone shipments in calendar second quarter (April-June) could decline 20% or 25% year-over-year because of reduced demand stemming from the COVID-19 coronavirus pandemic.
iPhone SE (2020)
Kif Leswing for CNBC:Kuo argues that the strong reception for the iPhone SE suggests consumers are gravitating to lower-