“Right after Apple announced record-breaking, first quarter iPhone sales, Wall Street analysts were wringing their hands over the future growth of Apple’s iPhone,” Tim Bajarin writes for PC Magazine. “They reasoned that Apple could not continue to break sales records, and some even suggested that iPhone sales had peaked.”
“I am as pragmatic as the next guy when it comes to forecasting iPhone growth records, but our research shows that Apple will see serious iPhone growth with the iPhone 6 models through 2015 and very likely into next year, too,” Bajarin writes. “After the first of the year and well before Apple’s calendar Q4 earnings report, we predicted Apple sold 72.5 million iPhones in that quarter, even though the highest Wall Street estimate was around 69 million. Apple sold 74.5 million. Our prediction for the first quarter was 61 million even though the highest Wall Street estimate was 58.5 million, and Apple sold 61.2 million last quarter.”
“My own personal mantra is to never underestimate Apple’s ability to surprise us,” Bajarin writes. “But there are three reasons I am optimistic about iPhone growth into 2018.”
Read more in the full article here.
MacDailyNews Take: Yes, the iPhone userbase is nowhere near saturated with some 80% still to upgrade to iPhone 6/Plus, with iPhone 6s/Plus (7/Plus?) looming right around the corner. Millions of new-to-iPhone users being added each quarter, particularly in China. In addition, Apple Watch requires an iPhone, not a pretend iPhone.
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