Apple “suffers from paranoia that sales growth will end. It has become increasingly reliant on iPhones, which account for 63 per cent of revenues compared with 56 per cent a year ago,” The Financial Times reports.
“Ultimately, the size of the earth’s population is a constraint and the peak quarter for iPhone sales will eventually arrive, but Apple is not getting sufficient credit for delaying that date,” FT reports. “Chinese demand, the big investor concern, continues unabated. Around the world less than a third of iPhone users have the latest model, showing plenty of room for upgrades. Those upgrades are likely to become more regular and even more of an annuity as Apple switches customers to its new annual subscription scheme.”
Read more in the full article here.
MacDailyNews Take: What else is new?
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[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]