Scalper1 News
Apple (AAPL) is nowhere close to satisfying the demand for its bigger-screen iPhone 6 series phones, Canaccord Genuity analyst Michael Walkley said in a research report Tuesday. Only 20% of the installed base of iPhone users have upgraded to the latest handsets, leaving a sizeable market left to tap, he said. In addition to replacement sales from existing customers, Apple should continue to gain market share in the high-end smartphone segment from Google (GOOGL) Android switchers, Walkley said. “Our global wireless surveys over the June quarter indicated strong iPhone 6/6 Plus smartphone sales as the iPhone remained the top-selling smartphone at all four Tier-1 U.S. carriers, with overall sell-through share estimated near 50%,” Walkley said. “Apple’s very strong iPhone 6 upgrade cycle should continue through calendar 2015 due to ongoing upgrade sales and high-end market share gains.” Apple should be able to grow its iPhone installed base to over 500… Scalper1 News
Scalper1 News