We may look back at 2015 as 'peak iPhone'
Morgan Stanley dropped a bomb this week when analyst Katy Huberty predicted that Apple's iPhone sales will drop in its 2016 fiscal year for the first time ever. (Apple's fiscal year ends September 30, before the big holiday quarter.)
This chart compiled by Statista shows how amazing Apple's run has been. The huge jump between FY 2014 and FY 2015 is particularly impressive given the large base Apple was starting from. That increase happened because Apple finally introduced phones with larger screens in late 2014, eliminating the main advantage of the Samsung Galaxy line-up.
But the newest models released in late 2015 don't have any major changes like that. So unless Apple has another trick up its sleeve for early 2016, we may look back at 2015 as peak iPhone.
Statista via Morgan Stanley
- Wealth of India's ten richest enough to fund school, higher education of every child for 25 years, reveals Oxfam study
- Kathak's living legend Pandit Birju Maharaj dies at 83
- HDFC Bank, HCL Tech, Indian Oil, Hero MotoCorp and other hot stocks on January 17
- Even after the LIC IPO, Indian government may be well short of its divestment target — for a third year in a row
- Finance minister holds pre-budget stakeholder consultation with BJP functionaries