Wednesday, November 11, 2015

Weak demand of iPhone 6s might have Apple slashing orders

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Even though Apple continues to break records with iPhone sales, the company is never nice enough to clarify which iPhones sold most. It’s hard to predict if people have given in to the 3D Touch fake revolution, or if all they want is a the conventional iPhone we see with the iPhone 6 or iPhone 5s that are still in stores for a smaller price tag. Those of you wondering where Apple stands, analysts have just provided some insight.
Swiss bank Credit Suisse has just lowered its iPhone sales estimates by 10%, claiming that instead of 2016 reaching as many as 242 million units in sales, Apple will only reach 222 million. The source claims that Apple has actually lowered supply orders due to weak demand of the iPhone 6s, and analysts predict that with this trend, the December quarter will end with 55-60 million units, and another 80 million units in the March quarter.
This wouldn’t be the first time that we hear that Apple pulls back orders for the iPhone 6s, but this is not a road to calling Apple a company in struggles as analysts are actually recommending that investors buy more Apple stock during this period, in order to bank later.
Source: CNBC
Via: Cult Of Mac

About the Author

Unknown / Author & Editor

I generally blog between 5:30 A.M. and 7 A.M. I will from time to time add something during the day, but for the most part blogging is an early morning activity for me.

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