• Nigerian/African Tech
  • Start Up
  • Internet
    • App
    • Mobile
    • Software
  • Gadgets
  • Money
  • Video
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips
Generic selectors
Exact matches only
Search in title
Search in content
  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips
Generic selectors
Exact matches only
Search in title
Search in content
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content

Could iPhone Sales Peak In 2015? Well These Big Names Think So

Femi by Femi
December 21, 2015
Home Gadgets
Share on FacebookShare on Twitter

Apple’s iPhone continues to break records each year. In fact, Apple is said to have sold over 700 million iPhones Since June 2007 when it launched the first generation iPhone. This record reached an all time high in September when Apple reported it sold over 13 million units of the iPhones 6 and 6s in one weekend. The company has recorded huge profits as a result and according to a Wall Street Journal report, Apple’s share of the smartphone industry profit soared to 92%. The company recorded 92% of the total income from the World’s eight top smartphone makers and this represents a 27% jump from last year. How about Apple’s record cash stockpile? As at July this year, the company had over $200b in cash alone. Even CEO Tim Cook said they had an “amazing quarter”. In October, we did an analysis on how Apple has managed to maintain this edge at least over its main rivals. The simple method was cheap production cost but high sales price to loyal customers whom Apple has managed to keep using is devices.

iphone sales stats

Also On TechBooky

Five Top Fitness Gadgets Perfect For Your Weight Loss Journey

Google Pixel 7 And Pro Will Be Coming This Fall

Google Finally Announces The Pixel Watch At I/O 2022

Apple Is All Set To Discontinue The iPod After 20 Years

A Flexible, Ultra-Thin Loudspeaker Developed By MIT Researchers – A Sneak-Peak At The Process

Well as with most reigns, it all depends on the loyalty of your subjects and how long you live. Numerous reports now have it that the year 2015 could be the year the iPhone peaked. These projection are from some of the biggest names you may have heard of like Morgan Stanley and Credit Suisse.

Here’s what some of them had to say according to Business Insider

MORGAN STANLEY: On Monday, the financial services firm predicted that sales of the iPhone will drop by nearly 6% in Apple’s 2016 financial year (or 2.9% in the calendar year). Analyst Katy Huberty points to “higher prices in international markets (ex-China) and maturing smartphone penetration in developed markets [weighing] on upgrades and new user growth” as the reasons behind the drop.

Business Insider _iphone_sales chart

BAIRD: A Tuesday research note says “the Baird semiconductor team recently suggested a 20% cut in procurement orders based on its supply chain conversations.” Q2 of FY2016 will be down year-on-year, it expects, although it cautions that “we always take supply chain comments with a hefty grain of salt.”

CREDIT SUISSE: On Wednesday, it said it is lowering its estimate for calendar year 2016 iPhone sales to 214 million — 8 million less than its earlier prediction, and even less than Morgan Stanley’s 224 million CY2016 prediction. It says its Asian research team is detecting “a deeper cut in December and March production volumes. The cuts seem to be driven by weak demand for the new iPhone 6s, as overall builds are now estimated to be below 75-80mn units for the December quarter and between 45-50mn units for the March quarter.”

PIPERJAFFRAY: PiperJaffray’s Gene Munster is more effusive about the iPhone. He argues that while “investor concern about iPhone growth has increased based on measurable cuts to analyst estimates,” along with Dialog’s guidance revision, this isn’t the end of the world. “The next few quarters appear less significant to the broader iPhone story and the more important question is whether the iPhone will grow during the iPhone 7 cycle.” His answer: Yes. “We remain confident in our 4% cycle growth for iPhone 7.”

Morgan Stanley thinks iPhone sales in 2016 would be 218 million as opposed to the 231 million in 2015 which represents a 5.7% drop. The reports however did not highlight much on other Apple services like TV, Music and Watch among others. Apple’s iPhone prices have remained relatively high especially at a time when low cost smartphones have continued to hit markets like Africa and Asia.

You can read more on the Morgan Stanley report as analysed on the Business Insider website here

Related Posts:

  • Apple May Hit A $3  Trillion Market Cap Before End Of 2021 On Strong iPhone 12 Demand
    Apple May Hit A $3 Trillion Market Cap Before End Of 2021 On…
  • Xiaomi Is Currently The No. 1 Most Sold Device Per MoM Market Report For June.
    Xiaomi Is Currently The No. 1 Most Sold Device Per MoM…
  • iPhone 12 Is Top Selling Smartphone, May Push Apple To $3tr Market Cap.
    iPhone 12 Is Top Selling Smartphone, May Push Apple To $3tr…
  • iPhone 13 Is Forthcoming With 90 Million Units Ready For Distribution.
    iPhone 13 Is Forthcoming With 90 Million Units Ready For…
  • Apple Is Losing Its Grip In The Smartphone Market; Slips To 4TH Place
    Apple Is Losing Its Grip In The Smartphone Market; Slips To…
  • Apple’s Supply-chain Reveals The Next iPhone Will Continue The Serial Codename
    Apple’s Supply-chain Reveals The Next iPhone Will Continue…
  • Breaking: Apple Becomes First Company To Hit $3 Trillion Valuation
    Breaking: Apple Becomes First Company To Hit $3 Trillion…
  • LEAK: Apple’s 2021 iPhones Is Likely To Feature LTPO Display As It Watches
    LEAK: Apple’s 2021 iPhones Is Likely To Feature LTPO Display…
Tags: Appleiphoneresearch
Previous Post

How To Run Two WhatsApp Accounts In One Android Phone

Next Post

Google Has Released Its Top Searches For 2015. See Who/What Made It To The List here

Femi

Femi

Paul Balo is a wireless communications technologist with interests in VoIP and 5G technologies. He leads the writing team at TechBooky

Next Post
Google Has Released Its Top Searches For 2015. See Who/What Made It To The List here

Google Has Released Its Top Searches For 2015. See Who/What Made It To The List here

BROWSE BY CATEGORIES

Receive top tech news directly in your inbox

Loading

Recent

Facebook Changes Company Name To Meta As It Plans Big On VR

Amazon Exec Takes A Swipe At Zuckerburg’s Metaverse Fantasy

May 21, 2022
Qualcomm’s Introduces All New Wireless AR Smart Glasses

Qualcomm’s Introduces All New Wireless AR Smart Glasses

May 20, 2022
Canada Bans The Use Of Huawei and ZTE Equipment In Its 5G Networks

Canada Bans The Use Of Huawei and ZTE Equipment In Its 5G Networks

May 20, 2022
Top 5 Effective Ways Of Link Building

Top 5 Effective Ways Of Link Building

May 20, 2022
Nigerian Logistics Startup Topship Closed A $2.5m Funding Round

Nigerian Logistics Startup Topship Closed A $2.5m Funding Round

May 20, 2022
Nigeria’s Autochek Acquires Morocco’s KIFAL Auto

Nigeria’s Autochek Acquires Morocco’s KIFAL Auto

May 20, 2022
Kenya’s Mobile-first Enterprise Software Startup Bamba Raises $3.2m

Kenya’s Mobile-first Enterprise Software Startup Bamba Raises $3.2m

May 20, 2022
South Africa Plans Digital Currency In Future As It Seeks To Regulate Crypto Assets

South Africa Plans Digital Currency In Future As It Seeks To Regulate Crypto Assets

May 20, 2022
IPOB: The Nigerian Govt Warns Facebook About Allowing Separatist Content

IPOB: The Nigerian Govt Warns Facebook About Allowing Separatist Content

May 20, 2022
US Department Of Justice Will No Longer Prosecute Good-Faith Hackers

US Department Of Justice Will No Longer Prosecute Good-Faith Hackers

May 20, 2022

Browse Archives

May 2022
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Apr    

Receive top tech news directly in your inbox

Loading

About Us

TechBooky

TechBooky is a social Tech blog with a special focus on the budding African Technology sector. TechBooky is currently based in Abuja, Nigeria.

Subscribe to TechBooky

Enter your email address to subscribe to TechBooky and receive notifications of new posts by email.

Join 17,981 other subscribers.

Popular Tags

AI (224) android (259) app (531) Apple (419) artificial intelligence (232) business (261) china (111) cloud (125) cryptocurrency (133) ecommerce (104) enterprise (226) facebook (459) gadget (383) gaming (145) google (521) government (361) guest post (108) instagram (129) internet (319) ios (217) iphone (178) microsoft (249) mobile (247) new feature (237) nigeria (265) privacy (124) research (131) samsung (125) security (345) smartphone (198) social media (623) software (364) startup (230) streaming (127) telecom (152) tips (306) transport (98) twitter (190) uber (88) united states (178) users (92) videos (105) website (135) whatsapp (123) youtube (98)

Quick Links

  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips

Popular Post

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Top 2 Methods To Convert CSV To vCard/VCF In 2022

Top 2 Methods To Convert CSV To vCard/VCF In 2022

February 2, 2022
How Can We Unlock VBA Project Password Without Hex Editor?

How Can We Unlock VBA Project Password Without Hex Editor?

December 23, 2020
Recover Deleted Messages from Thunderbird Email

Recover Deleted Messages from Thunderbird Email

April 7, 2020
[Fixed] “Outlook Running Slow Windows 10” Issue

[Fixed] “Outlook Running Slow Windows 10” Issue

February 12, 2020
Samsung Unveils New Mid-range Devices With Expanded Batteries

Samsung Unveils New Mid-range Devices With Expanded Batteries

March 18, 2022
How is Technology Changing Our Definition of What It Means to Be a Human?

How is Technology Changing Our Definition of What It Means to Be a Human?

April 1, 2018
Facebook Changes Company Name To Meta As It Plans Big On VR

Amazon Exec Takes A Swipe At Zuckerburg’s Metaverse Fantasy

May 21, 2022
Qualcomm’s Introduces All New Wireless AR Smart Glasses

Qualcomm’s Introduces All New Wireless AR Smart Glasses

May 20, 2022
Canada Bans The Use Of Huawei and ZTE Equipment In Its 5G Networks

Canada Bans The Use Of Huawei and ZTE Equipment In Its 5G Networks

May 20, 2022
Top 5 Effective Ways Of Link Building

Top 5 Effective Ways Of Link Building

May 20, 2022
Nigerian Logistics Startup Topship Closed A $2.5m Funding Round

Nigerian Logistics Startup Topship Closed A $2.5m Funding Round

May 20, 2022
Nigeria’s Autochek Acquires Morocco’s KIFAL Auto

Nigeria’s Autochek Acquires Morocco’s KIFAL Auto

May 20, 2022

Recent News

Facebook Changes Company Name To Meta As It Plans Big On VR

Amazon Exec Takes A Swipe At Zuckerburg’s Metaverse Fantasy

May 21, 2022
Qualcomm’s Introduces All New Wireless AR Smart Glasses

Qualcomm’s Introduces All New Wireless AR Smart Glasses

May 20, 2022
Canada Bans The Use Of Huawei and ZTE Equipment In Its 5G Networks

Canada Bans The Use Of Huawei and ZTE Equipment In Its 5G Networks

May 20, 2022
Top 5 Effective Ways Of Link Building

Top 5 Effective Ways Of Link Building

May 20, 2022
Nigerian Logistics Startup Topship Closed A $2.5m Funding Round

Nigerian Logistics Startup Topship Closed A $2.5m Funding Round

May 20, 2022
Nigeria’s Autochek Acquires Morocco’s KIFAL Auto

Nigeria’s Autochek Acquires Morocco’s KIFAL Auto

May 20, 2022
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact us
  • Privacy Policy
  • Disclaimer
  • Login

© 2021 Design By Tech Booky Elite

Generic selectors
Exact matches only
Search in title
Search in content
  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips

© 2021 Design By Tech Booky Elite

Posting....