Categories: Archived Post

Analyst: Apple to see slight drop in iPhones sales over the next two quarters

In a note to clients — as noted by AppleInsider — Cowen and Company analyst Timothy Arcuri says Apple will see a slight drop in iPhone sales from 2016 for the next two quarters, but profits will be relatively unaffected because of the continued consumer interest in the iPhone 7 Plus.

He thinks Apple sold 48.5 million iPhones in the second fiscal quarter from 2017. That’s down from 51.2 million in the second quarter of 2016, partially because the last fiscal quarter had an extra week of sales.

Arcuri predicts that 38.5 million iPhones will be sold in the third fiscal quarter. The third quarter of 2016 saw 40.4 million Apple smartphone sold.

“A feature-rich launch” of “iPhone 8s” is expected by Arcuri in the fall of 2017 with panel sizes of 4.7-, 5.5-, and 5.8-inches expected. The analyst also expects a glass casing, with either aluminum or stainless steel framing.

Dennis Sellers

Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.

Recent Posts

Apple reportedly will power some upcoming iOS 18 features with Apple Silicon-equipped data centers

Apple will power some of its upcoming iOS 18 features with data centers that use…

3 hours ago

Future Mac laptops could use an Apple Pencil as an input device

Apple has filed for a patent for a “Mountable Tool Computer Input” that hints that…

19 hours ago

New report says John Ternus is likely Tim Cook’s successor (not that the current CEO is expected to leave anytime soon)

A report says John Ternus is likely Tim Cook’s successor (not that the current CEO…

19 hours ago

Apple’s iPhone sales in the U.S. were flat in the first quarter

Apple’s iPhone sales in the U.S. were flat in the first quarter

19 hours ago

Twelve South’s BookArc Flex is a functional, classy stand for using your Mac laptop when the lid is closed

Twelve South’s BookArc Flex is a functional, classy stand for using your Mac laptop when…

21 hours ago

How to Automate Your Payment Processing Workflows

Manual payment processing workflows are an impediment to the smooth running of a business nowadays. 

21 hours ago