Even though Apple is flying high after another successful iPhone release this year, some analysts project a decline in iPhone sales in 2016.
The Apple iPhone currently allows the company to almost print money according to their fourth quarter iPhone sales. There are however some indications that point to the slowing of sales, and that demand may not be what it once was. A new analyst report claims this trend is only going to continue, and next year we could see iPhone sales decline for the first time ever.
Once great smartphone manufacturers like Nokia and Blackberry can relate to similar circumstances where the market has moved past them. Whether you‘re looking at fiscal year or calendar year projections, the estimated numbers are a little different, but Morgan Stanley projects iPhone sales drops of 2.9 to 5.7 percent.
Even after breaking their iPhone sales record yet again with the iPhone 6s and 6s Plus, Apple expects still to make a lot of money in 2016 (forecasts more than 2015). However, sales of products like the Apple Watch, Apple TV, and related services could be making up for the difference in declining iPhone sales. The Morgan Stanley iPhone slump forecast is based on factors like more shoppers already owning smartphones and rising international markets.
Source: PocketNow
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