According to the Swiss bank, Apple reduced its components orders for iPhone by as much as 10%, which appeared to be “driven by weak demand for the new iPhone 6S”.
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Ingram Micro, one of many Apple’s 4 iPhone distributors, has simply rolled out the buyback scheme in a handful of Apple shops and multi-model cellphone retail chains in South India which shall be subsequently taken national.
The iPhone 6s and iPhone 6s Plus were launched in India last month. According to Apple Insider, KGI analyst Ming-Chi Kuo, whose predictions have not yet failed speculates that Apple’s rumored 4-inch iPhone will most likely be similar to an improved iPhone 5s, which is the last iPhone to have a 4-inch version.
“While we acknowledge that shares may remain range bound for the next few quarters (between $100 and $130), we continue to believe any weakness creates an attractive entry point”, it notes. It shares had been up 9 percent since the beginning of the year, and hit a 52-week high of $134.54 on April 29.
The growing install base of Apple’s devices can rise to 615 million if the growth rate of 24 percent a year stays on track.
The apparent speculation from the above disclosure is that though Apple’s iPhone 7 model will cover three distinct screen sizes, the performance offered by the handset across the lower dimensions will probably be relatively poor.
Analysts at Wall Street expect the company to generate $245 billion in total revenue for the fiscal year 2016 (FY16), growing by just 5% year-over-year (YoY).
It started in 2007 when we were introduced to a dream-come-true-kinda device named iPhone and the pace at which the iPhone later installments get an insane following is still a legendary tale. Plus, Jive executives offered a rosy outlook for the fourth quarter.
The Mini version will also serve as the budget-friendly version of the flagship.
Menlo Park-based Facebook is offering photo recognition technology to its Messenger app.
Before the iPhone 6s, Apple had no way to emulate the home button using the touchscreen, but 3D Touch technology has changed that.
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The blue chip Dow Jones industrial average: Up 27.73, or 0.16 percent, to 17,758.21. This means an 8.3 percent decrease for 2016.
