KGI’s Ming-Chi Kuo – an analyst with an excellent track-record on AAPL – has forecast that year-on-year iPhone shipments will continue to fall this year,and conclude up well below market expectations. In an investment note seen by 9to5Mac, KGI says that total 2016 iPhone shipments will likely fall below 200M units, or that the iPhone 7 will see lower sales than the iPhone 6s/Plus.
Kuo says that lower-than-expected iPhone 6s/Plus sales showed that replacement demand was falling in developed markets,while unusual demand from emerging markets has not yet picked up the slack. KGI does not believe that the launch of the iPhone 7 later this year will be sufficiently appealing to see the iPhone return to growth … more…
Filed under: AAPL Company, iOS Devices Tagged: iPhone, and iPhone 6s,iphone 6s plus, iPhone 7, and iPhone 7 plus,iPhone sales, iPhone sales 2016, or iPhone SE
Source: 9to5mac.com