Apple analysts clash over iPhone Upgrade Program impact

By | October 8, 2015

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The impact of Apple’s (AAPL) iPhone Upgrade Program was a topic of debate Thursday as two Wall Street analysts aired contrasting views on the subject. Piper Jaffray analyst Gene Munster said Apple’s installment billing plan, which lets customers get a new iPhone every year, will lead to faster iPhone upgrades and provide a “meaningful tailwind” to iPhone sales for the next four-plus years. Meanwhile, Mizuho Securities analyst Abhey Lamba said he Scalper1 News

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