Stronger than expected iPhone 7 sales not enough
 

Despite Apple managing stronger than expected sales of its iPhone 7 plus, it is not enough to offset a huge decline in iPhone sales, according to one telco bean-counter.

The Tame Apple Press is full of news about how Apple’s iPhone 7 is a sell out, pretty much like it normally is at this time of year. This has meant that Apple shares have gone up as investors think the outfit is going to see its cash cow mooing for another year.

But KGI analyst Ming-Chi Kuo said that the prophesied slump in iPhone sales is coming, and there is no stopping it. While he has indeed improved his estimates of the total sales for the iPhone 7 and iPhone 7 Plus, overall he predicts that the numbers will be lower than the iPhone 6s.

http://www.techeye.net/business/stro...les-not-enough