Apple slips as research firms debate iPhone 15 (updated)
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Apple (NASDAQ:AAPL) shares slipped around 1% in pre-market trading on Monday after several research firms debated the strength of the iPhone 15, particularly in China. 
Jefferies analysts said iPhone sales have dropped by double-digit percentage compared to the iPhone 14 Pro in China, due in part to the release of Huawei's new Mate 60 Pro, released in August.
Apple suppliers such as Skyworks Solutions (SWKS), Qorvo (QRVO) and Qualcomm (QCOM) also slipped in pre-market trading on Monday. 
In September, Bank of America said that strong sales of the new smartphone from Huawei, which incorporates an in-house chip that looks to perform at 5G speeds, could impact sales of the iPhone in China.
Apple did not immediately respond to a request for comment from Seeking Alpha.
Separately on Monday, market research firm Counterpoint Research estimated that sales of Apple's (AAPL) iPhone 15 are down 4.5% compared to the iPhone 14 in their first 17 days of release in China, Bloomberg reported.
Counterpoint estimated that Huawei could sell as many as 5M to 6M units of the Mate 60 Pro this year and perhaps at least 10M next year, the news outlet added.
Morgan Stanley analyst Erik Woodring also weighed in, noting that the coming quarter is likely to be "in-line" with estimates, but supply shortages and a stronger U.S. dollar could impact the company's guidance a bit. 
"Solid margins & Services upside are highlights this quarter, but earnings unlikely to sway bulls or bears," Woodring wrote in a note, while lowering his price target to $210 from $215 to account for a slightly lower revenue base. 
Last month, Apple (AAPL) showed off the new iPhone, as well as new versions of the Apple Watch, at its annual product event.
Apple (AAPL) is slated to report fiscal fourth-quarter results on November 2 after the close of trading.
This story has been updated to include information from Morgan Stanley.

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