In the runup to the release of Apple’s Q1 2016 earnings report Tuesday, one of the big unanswered questions was whether the iPhone could maintain its sales momentum. Q1 2015 iPhone sales hit a record 74.5 million units, and it’s possible the latest quarter’s shipments may not equal — let alone exceed — that mark. IDC has forecast of slowing sales industrywide for 2016. The smartphone market will see the first single-digit growth year ever. The slowdown in China’s economy and sluggish Apple Watch sales are also of concern.
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iPhone Sales Could Be Slowing
Posted by: Richard Adhikari January 26, 2016 02:15 PMIn the runup to the release of Apple’s Q1 2016 earnings report Tuesday, one of the big unanswered questions was whether the iPhone could maintain its sales momentum. Q1 2015 iPhone sales hit a record 74.5 million units, and it’s possible the latest quarter’s shipments may not equal — let alone exceed — that mark. IDC has forecast of slowing sales industrywide for 2016. The smartphone market will see the first single-digit growth year ever. The slowdown in China’s economy and sluggish Apple Watch sales are also of concern.