Wall Street analysts are reducing forecasts for the number of sold iPhone, Dailycomm reports. The experts lowered its forecast for the current and even the next years. This is reflected in the quotations of the California giant.
In a note to clients, Bank of America has revised its estimate on the supply of “Apple” smartphones in the 2016 fiscal year, which began in late September of 2015 calendar year. Now the experts expect the production of 220 million units, which is 10 million less than in the previous forecast.
At Raymond James predicted volume of reduced iPhone shipments by 5 million phones – from 229 to 224 million shares. The lowered forecasts, the experts have explained the weak expectations of Apple’s suppliers.
Research firm Baird Equity Research has reduced the forecast on iPhone shipments from 243,8 to 234,4 million. analysts, However, unlike colleagues from Raymond James and Bank of America, expect continued growth in iPhone sales-Apple branded. In 2015 fingado was released about 231 million tubes.
Amid analysts ‘ doubts about the continued growth of Apple in the smartphone market the company’s shares are getting cheaper. Last month they dropped in price by 4.4%, compared with a record $134,54, recorded 28 April 2015, a decline of 18%. On Wednesday, 16 December, trading in securities California producer finished at $111,34.
Analysts believe that innovations in the iPhone 6s and iPhone 6s Plus is not enough for these devices being blown away from the shelves to the same extent that was the case with predecessors. In October-December 2014 Apple sold a record in the history of the number of phones – 74.5 million.
IDC analysts predict that in the 2015 calendar year, the release of the iPhone will be 233,8 million, and next year it will be reduced to the 232,7 million units.
As noted by Reuters, Apple’s partners one after the other stated problems in the industry, and encourages analysts to build a more conservative forecasts. So, Imagination Technologies, which supplies Apple graphics solutions, recently warned about falling profits due to weakening demand for the chips and smartphones. Semiconductor company Dialog Semiconductor (chip used in the iPhone) also lowered its forecast in its revenue due to not high enough sales of the chips.
