UBS: iPhone SE’s success will result in a drop in the iPhone average selling price
<p>In a note to clients — as reported by <a target="_blank" href="http://appleinsider.com/articles/16/07/19/unexpected-success-of-iphone-se-expected-to-drop-apples-average-selling-price-to-637" rel="noopener noreferrer">AppleInsider</a> — UBS Analyst Steven Milunovich says a 500-person study by the research group indicates that 16% of U.S. iPhone sales in the June quarter were of the low-end iPhone SE.</p>