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Here's Your Bearish Apple iPhone 8 Note Just Hours Before Earnings Are Revealed

BMO Capital lowered third quarter revenue estimates and EPS for Apple Inc (AAPL) on concerns that shipments of the upcoming premium iPhone Pro will be limited initially.

Apple will likely release the premium iPhone "Pro" along with a standard "S" refresh in September, but production of the expected OLED display will delay shipments. BMO lowered its...