Have iPhone Sales Peaked? Analysts Predict a Slump Ahead
- Morgan Stanley, JPMorgan, Credit Suisse all see unit declines
- Mature markets mean less demand, combined with supply issues
Analysts Cut iPhone Forecasts: Have Sales Peaked?
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Is Apple Inc.’s iPhone finally reaching its peak? In the past few weeks, a slew of analysts have predicted that sales of Apple’s best-selling product may slump in 2016, based in part on supply chain issues and partly on weaker demand, especially from saturated developed markets.