Epstein File EFTA01014106: Document from Set 9 (DS9)

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Epstein File EFTA01014106: Document from Set 9 (DS9)

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Email dated December 7, 2018, from Richard Kahn containing a forwarded article titled 'China Smartphone Market to Blame for Weak iPhone Data; Wearables and Services Provide an Offset.' The article discusses iPhone unit sales decline and market competition from Chinese smartphone vendors. This document appears to be unrelated business correspondence forwarded within the file.

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iPhone

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PersonKeyword

Excerpt 1

.: China Smartphone Market to Blame for Weak **iPhone** Data; Wearables and Services Provide an Offset Date: Fri, 07 Dec 2018 10:23:01 +0000 Richard Kahn HBRK

Excerpt 2

Despite **iPhone** units -8% Y/Y, FY19 Rev and EPS grow, aided by Services & Wearables, which isn't fully appreciated by investors.

Excerpt 3

As China smartphone vendors introduce new features, like triple camera, we believe **iPhone** could see some share loss at that low-end of its **iPhone** portfolio