Strong iPhone 7 sales 'a bridge' to Apple's next upgrade - Tech News - News Summed Up

Strong iPhone 7 sales 'a bridge' to Apple's next upgrade - Tech News


"This is really the last (quarter) that anybody is going to care about iPhone until the launch this fall," Cowen & Co analysts wrote in a note. "It can be said that iPhone 7/7+ 'did its job' as a bridge to get to the supercycle in 2017." The sales reflected the first full quarter of iPhone 7 sales and come at a time when global demand for smartphones is slowing and cheaper Android alternatives are flooding the market. Apple's strong sales set the stage for the 10th-anniversary iPhone, which analysts say is expected to feature better touchscreen display, wireless charging and a shift to a higher-resolution OLED display. Apple last saw a significant uptick in sales with the introduction of iPhone 6 in 2015.


Source: The Star February 02, 2017 00:45 UTC



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