Apple to see a drop in Iphone sales?
Morgan Stanley just published a bombshell report about Apple: analyst Katy Huberty predicts that — for the first time ever — sales of the iPhone will drop in 2016.
A research note by Huberty says the bank expects unit sales of the iPhone to decline in Apple’s 2016 financial year by nearly 6% (that is the equivalent of 2.9% in the 2016 calendar year).
iPhone sales have increased every single year since launch. In the 2007 fiscal year, the first year the iPhone was on sale, the Cupertino company shifted 1.4 million units.