Scalper1 News
Monster sales of the iPhone 6 and 6 Plus last quarter showed a huge pent-up demand for big-screen smartphones from Apple (AAPL). But will there be any growth left for the iPhone 6S due out this fall? That’s the question UBS analyst Steven Milunovich pondered in a research note Wednesday. “The most frequent question we are asked regards the iPhone 6S cycle and the difficult comparisons,” Milunovich said. He forecasts iPhone sales will rise 26% year over year to 214 million units in fiscal 2015, ending Sept. 26. For fiscal 2016, he says, iPhone unit sales will increase 5% to 225 million units, despite the difficult comparisons to sales in the current year. “Our phone forecast is a result of assumptions regarding the size of the (iPhone user) base, the retention and upgrade rate, and market growth and share,” he said. Milunovich estimates 426 million iPhone users as of December… Scalper1 News
Scalper1 News