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Analysts warn Apple sales set to slump in 2016 with no new products

“After a year of big Apple releases, analysts are predicting a flat 2016 where the world’s biggest tech company refines product lines rather than produces the next big thing,” Rod Chester reports for News.com.au.

“Apple’s share price has taken a battering in the past six months, with more than $220 billion slashed from the company’s value as analysts look towards an era of smartphone saturation,” Chester reports. “Morgan Stanley analyst Katy Huberty recently predicted that 2016 would be first time that iPhone sales would shrink, dropping by up to three per cent… Jan Dawson, chief analyst at Jack Daw Research, was more positive about the iPhone’s future predicting that Apple would continue to grow sales but was pessimistic about the iPad, with the tablet market for all companies struggling as people fail to see compelling reasons to upgrade from their first tablet.”

Chester reports, “You should not expect Apple to release new product lines next year, but you should still expect a lot from Apple.”

Ten predictions of what Apple will deliver in 2016:
1. Apple Watch 2
2. The iPhone 7 (4.7-inch display) and 7 Plus (5.5-inch)
3. Apple TV streaming service
4. A new iPad
5. 4-inch iPhone
6. New Mac notebooks
7. New software in June at WWDC
8. Even better iPhone camera
9. Spread of Apple Pay
10. The Apple Car is coming in 2016 _ it just won’t arrive in 2016

Read more in the full article here.

MacDailyNews Take: So, except for No. 10, obviously, Apple certainly has new products on tap for 2016 launches. The long-awaited Apple TV streaming service alone could bring in billions in recurring revenue. Let’s wee what the analysts are say after Apple reports holiday quarter (fiscal Q116) results next month.

[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]

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