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April 24, 2016

Apple’s iPhone sales anticipated to decline this year

Apple is receiving a distinction of a different kind. Usually, they’re adorned with accolades for their design, simplicity, and marketing amongst others. This time around a noted analyst Ming-Chi Kuo of KGI Securities, is on record for telling investors that Apple is likely to be the only one of the top 5 smartphone producers to see a decline for the year.

He notes that the iPhone 7 won’t have many new features or innovations. The result is that current iPhone owners won’t feel the need to upgrade their phone because the new features don’t justify the expenditure.   Sales are only predicted to be between 190 and 205 million units.  Most others on Wall [...]

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