“Apple next week will report a return to iPhone growth after a three-quarter slump, a group of financial analysts predicted,” Gregg Keizer reports for Computerworld. “According to Philip Elmer-DeWitt, the creator of the Apple 3.0 website, 12 institutional and 5 independent analysts all forecast a year-over-year increase in iPhone sales during the December quarter.”
“The average sales figure from the 17 analysts was 77.3 million iPhones, which would represent a 3.4% increase over the 74.8 million Apple reported for the fourth quarter of 2015,” Keizer reports. “Analysts’ estimates ranged from a low of 75 million to a high of 80 million.”
Keizer reports, “Apple set a record for iPhone sales in 2015’s December quarter, but in each of the following three quarters, its iPhone numbers were down from the prior year’s.”
Read more in the full article here.
MacDailyNews Take: Growth!
Oh, yeah, and Death to the S!
iPhone 7 Plus still rocks. The best iPhone yet. (That 2X 2nd telephoto lens feature all by itself was enough.) Also love using my old 6 Plus for random tasks around the house (WiFi radio, etc.) especially since I can still plug it into older AUX radio inputs & mixers.
Finally, there is light at the end of the tunnels. Yayyyyy.
There always was light at the end of the tunnel. The problem is that the analysts were looking the other way and unable to see it.
… ya mean “up their rear end”!
I am not so sure about the light at the end of the tunnels, AAPL drops so much after hours from $121.95 to $121.22. ($-0.73)
Apparently, the earnings report for next Tuesday won’t be great. 🙁