iPhone sales will be flat this quarter, predicts analyst

Uncategorized | Monday January 27 2014 5:19 AM | Comments (0) Tags: , , , , , , ,

iPhone sales will be flat this quarter, predicts analyst

Apple 's iPhone 5S.

(Credit: Josh Lowensohn/CNET)

Apple ‘s “disappointing” iPhone sales growth could continue this quarter and over the foreseeable future.

Yesterday Apple reported sales of 51 million iPhones for the December quarter. Though that number hit a record, Wall Street analysts had anticipated 55 million in sales, triggering renewed questions about the company’s future iPhone growth.

Piper Jaffray analyst Gene Munster now predicts Apple will sell around 37.5 million iPhones this quarter, down from his prior forecast of 42 million. In the year-ago quarter, Apple sold 37.4 million iPhones, which would mean little or no growth for the current quarter if Munster’s number comes true.

The analyst also anticipates slower iPhone growth rates for 2014 and 2015, lowering his estimates for both years by 7 percent. Why the dour outlook?

In an investors note published late Monday, Munster said he believes a number of factors influenced iPhone sales last quarter and will do so this quarter. Among them is a decline in US smartphone sales growth. The analyst sees a saturated US smartphone market where the majority of sales come from upgrades … [Read more]

iPhone sales will be flat this quarter, predicts analyst


iPhone sales will be flat this quarter, predicts analyst

 

iPhone sales will be flat this quarter, predicts analyst

 

iPhone sales will be flat this quarter, predicts analyst

 

iPhone sales will be flat this quarter, predicts analyst

 

iPhone sales will be flat this quarter, predicts analyst

iPhone sales will be flat this quarter, predicts analyst

iPhone sales will be flat this quarter, predicts analyst

iPhone sales will be flat this quarter, predicts analyst

iPhone sales will be flat this quarter, predicts analyst

iPhone sales will be flat this quarter, predicts analyst

iPhone sales will be flat this quarter, predicts analyst

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