Deutsche Bank says expectations are too high for the iPhone 8

Not everyone is excited about the upcoming iPhone 8 launch. 

Deutsche Bank said Tuesday in a research note that it thinks other banks are taking an overly optimistic view of the upcoming smartphone launch, and that it probably won't sell as well as expected.

Notably, Deutsche Bank says the iPhone 8 will not sell as many phones as the iPhone 6 and iPhone 6 Plus in 2015. It doesn't expect the iPhone 8 to break any meaningful sales records.

The analysts's note comes as a stark contrast to ones from other banks like Credit Suisse, Citi, and Instinet, who have predicted that the iPhone 8 will drive a rally in sales at Apple.  Read more...