Analyst: Apple ‘white-hot momentum’ to continue with iPhone 6s, 7

“As Apple readies its June quarter report, Wall Street analysts are doing last-minute tweaks to their estimates,” Patrick Seitz reports for Investor’s Business Daily. “On Tuesday, FBR Capital Markets analyst Daniel Ives raised his sales and earnings estimates for Apple for the quarter, full year and next year.”

Apple’s growth story in China is still underappreciated by the Street as the sustainability of iPhone growth in the region remains a debatable issue, especially due to recent macro developments. We anticipate that Apple capitalized on its ‘white-hot momentum’ in the country for fiscal Q3 and can penetrate further with its strong product ecosystem and upcoming iPhone 6S/7 product cycle (with potentially new features such as Force Touch, better camera, etc.) over the coming quarters/years, although we continue to keep a close eye on the region given macro and consumer worries. — Daniel Ives, FBR Capital Markets analyst

Read more in the full article here.

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12 Comments

  1. ‘white-hot momentum’ is such a racist, Euro-American privilege statement that I feel I have NO alternative but to go all-SJW on any site that uses it!

    1. TowerTone, sadly I’m sure some folks will find the statement offensive. But just think if the author had instead written:

      “We anticipate that Apple capitalized on the white-hot momentum of its red-hot iPhone which has caused sales of Samsung to sink into a black hole.”

      Now that’s racist!

      1. You have no idea where the term “white hot” came from or you wouldn’t make a spectacle of yourself by saying that.

        “White hot” comes from the metallurgy world of refiners where molten steel at temperature ready to put into the rolling mills or casting looks “white hot.” Red hot and yellow hot are cooler.

    2. You have no idea where the term “white hot” came from or you wouldn’t make a spectacle of yourself by saying that.

      “White hot” comes from the metallurgy world of refiners where molten steel at temperature ready to put into the rolling mills or casting looks “white hot.” Red hot and yellow hot are cooler.

          1. I’ve been here with the same handle since 2006…..twice on Sundays.

            (and BTW, only a *self-absorbed* über-lib or millennial could possibly read that post and take it seriously….funny or not)

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