iPhone Sales Expected To Decline For The Third Straight Quarter, Despite Galaxy Note 7 Owners Ditching Samsung For Apple

Analysts are expecting Apple to post earnings at the top end of its guidance for its fiscal fourth quarter, boosted by Galaxy Note 7 owners who decided to have the explosive smartphone replaced with the iPhone 7.

Famed Apple analyst Ming-Chi Kuo previously said that he expects 5 million to 7 million Galaxy Note 7 orders to translate into that many sales for the iPhone 7 or iPhone 7 Plus, as customers ditched Samsung for Apple.

However, estimates reveal that the wave of new customers from Samsung’s Galaxy Note 7 issues is not enough to prevent a third straight quarterly drop in units sales for the iPhone, primarily due to the oversaturation of developed markets and the emergence of lower-priced smartphones.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>