“In a report dated Dec. 30, 2014, BGC analyst Colin Gillis advises investors to look behind the December quarter earnings results coming next month,” Jones writes. “For example, he notes that smartphone growth is slowing down dramatically, with the smartphone market turning into the phone market.”
“As smartphone growth decelerates, the BGC analyst also points out that Apple is very dependent on the iPhone, as he estimates that more than 65% of Apple’s December revenue is from iPhone sales. Additionally, he notes that almost other handset maker has struggled because of problem adapting to the changing tastes of consumers and also the highly competitive landscape,” Jones writes. “Being overly dependent on the iPhone could pose a big problem for Apple going forward.”
Read more in the full article here.
MacDailyNews Take: Pfft.
[Thanks to MacDailyNews Readers “Fred Mertz” and “Chris M.” for the heads up.]