CHART OF THE DAY: Everything You Need To Know About The Current State Of The iPhone Business
Advertisement
Pacific Crest analyst Andy Hargreaves upgraded Apple to "outperform" yesterday, citing the upcoming iPhone 6 as something that would pump up the stock.
Advertisement
In his note on Apple, he included this chart, which pretty much tells you all you need to know about the iPhone business. The iPhone's growth is slowing considerably as Apple shifts from taking on new iPhone owners to selling upgrades to current iPhone owners.
Business Insider/Statista
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Advertisement
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- India's pharma exports rise 10% to $27.9 bn in FY24
- Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil
- Shubman Gill to play 100th IPL game as Gujarat locks horns with Delhi today
- Realme Narzo 70, Narzo 70X 5G smartphones launched in India starting at ₹11,999
- Indian housing sentiment index soars, Ahmedabad emerges as frontrunner