Analyst says Apple iPhone 7 "will disappoint"

The recent decline in year-over-year iPhone sales, which has now occurred for two consecutive quarters after never happening before, has Wall Street concerned. Take Steve Grasso, director of institutional sales at Stuart Frankel. Grasso says Apple will "underperform perpetually." He says this despite the surge in Apple's stock that took place after the company reported its fiscal third quarter results. Grasso says that with everyone looking ahead at the Apple iPhone 7, "I think it can only disappoint."

Speaking about the iPhone, a report based on web traffic reveals that from the second calendar quarter of 2015 to the second calendar quarter of 2016, Apple lost web traffic share in 18 out of 20 countries. U.S.web traffic share dropped 4%, and in Germany the decline was 6%. Apple's slice of the web traffic pie in the U.K. declined by 10%.

Samsung's share of web traffic grew in 18 out of 20 countries in the four quarters that ended with the second quarter of 2016. 10% increases in traffic share were seen in France, South Africa, Canada, UK and Australia. Ironically, one of the two countries where Samsung lost web traffic share was one of the two markets where Apple's share rose. That was Saudi Arabia.

The report also shows that thanks to the Apple iPhone SE, 4-inch phones remained popular in Canada, France, Japan, UK and the U.S. In those countries, 4-inch phones owned web traffic shares of 20% and higher. Phones with a 1440 x 2560 (QHD) resolution grew their web traffic share over the last year (Australia +3.5%, UK +3.3, U.S. +3.1%, Germany +2.8% and France +2.7%). If you're interested in reading the report, click on the sourcelink.

source: Device/Atlas (PDF), CNBC

Related phones

iPhone 7
  • Display 4.7" 750 x 1334 pixels
  • Camera 12 MP / 7 MP front
  • Processor Apple A10 Fusion, Quad-core, 2340 MHz
  • Storage 256 GB
  • Battery 1960 mAh(14h 3G talk time)
iPhone 7 Plus
  • Display 5.5" 1080 x 1920 pixels
  • Camera 12 MP / 7 MP front
  • Processor Apple A10 Fusion, Quad-core, 2340 MHz
  • Storage 256 GB
  • Battery 2900 mAh(21h 3G talk time)



1. Ahovking

Posts: 711; Member since: Feb 03, 2015

1) Of cause it will disappoint.. its a second 6s phone.. people would be expecting an 7 and 6s phones never sell as good as the 5,6 phones. 2) every year they say the iPhone will disappoint, and apple either over performs or under performs, these guys have no idea what their talking about (although in this case i agree with him) 3) i hope apple crashes and burns.. tim cook has mismanage apple since the very beginning.. the iPhone 5c was the red flag that signaled the decline of its design and logic

18. bossman

Posts: 264; Member since: Jan 27, 2016

The iPhone may disappoint in the eyes of tech consumers, but in the eye of the regular consumer it is just the new iPhone. Everyone would think just because it's new it is a whole lot better. I am not saying this iPhone may or may not disappoint. I am saying they will still have sales.

84. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

No one said, that no one was gonna buy it. But I am betting that over all for this sales year, apple will lose at least 25% more iPhone sales for the full fiscal year vs last year.

28. zeeBomb

Posts: 2318; Member since: Aug 14, 2014

Boy...I'm already disappoint and there is still leaks to come. Of course not a major design change + removal of headphone jack going to piss many off.

77. AlikMalix unregistered

I so completely 100% agree with you on all your points!!!

78. piyath

Posts: 2445; Member since: Mar 23, 2012

Nothing will happens. iPhones will sell like hot cakes every year for years to come.. People know man what's quality and what's bulls**t. Android surviving not cuz of it's the best OS. It's just cuz there are thousands of android phone manufacturers and they make dirt cheap low quality phones every day of the year.

79. kryme

Posts: 469; Member since: Oct 24, 2013

Android survive because they cater to everyone... Even the old lady who not working and just need a very cheap phone just to keep in touch with ur kids and grand kids... Apple don't care about that old lady android do

83. joevsyou

Posts: 1093; Member since: Feb 28, 2015

i wouldn't say tim cook as mismanaged apple, I say he's doing a solid job but apple needs someone who can take apple to the next level and that i don't believe tim cook can do that. Who know's what they are really working on in the auto industry. Do they want to take on tesla with the entire car or take on google with just the software side?


Posts: 654; Member since: Jun 28, 2014

Finally! The exodus from iPhone has arrived. Hallelujah!

7. bucky

Posts: 3794; Member since: Sep 30, 2009

So you'd like android to be the only option...good stuff.

23. MrElectrifyer

Posts: 3960; Member since: Oct 21, 2014

I'd want Windows and Android to be the options. Apple han't been bringing anything innovative to the table since 2013. Just hypocritically stifling competition and charging rip-off price tag for inferior hardware and software that up till today is still too dumb to do what dumb phones were capable of. Without them, the cash will be going to manufactures making great bang for buck hardware. Wouldn't miss their hypocrisy nor anti-competitive behavior a single bit if they were to disappear today.

26. kiko007

Posts: 7520; Member since: Feb 17, 2016

Too bad they won't be disappearing for the next several decades because of their bank account :D. Be real, you want an Android monopoly. Windows Phone is NOT a viable alternative to Android (WM user, I know what I'm talking about) and the best apps hit iOS first. Apple is a COMPANY..... something incapable of hypocrisy. And you clearly don't understand how Supply and Demand work. The Supply curve clearly states the more profitable a product, the more products are made. Companies pinching pennies would make a hasty exit the second the premium market crashes..... a market in which Apple holds exclusive rights to apparently. Tl;dr Stop projecting your morals onto inanimate entities.... it's asinine.

31. razmahtaz001

Posts: 501; Member since: May 11, 2013

i think apple can crash and burn within a decade, say by 2026

32. kiko007

Posts: 7520; Member since: Feb 17, 2016

That's retarded. Learn how money flow works before commenting. Apple would LITERALLY have to burn through over 200 billion dollars in a decade......while not making a dime. That's illogical, impossible, and downright ignorant.

75. Punchy506

Posts: 129; Member since: Jan 10, 2016

Nah, just look at moto or sprint. A few years of falling sales (and stock prices) and they get snagged up by a foreign company. I could see huawei owning apple in 5 years.

76. uzimafioso

Posts: 469; Member since: Jul 15, 2014

Mate, that's exactly what Nokia, BB, Motorola and Sony-Ericsson did and if you adjust inflation they also burned north of $400 billion combined.

81. kryme

Posts: 469; Member since: Oct 24, 2013

And u think it can't happen... Lol not saying it will happen but don't say it can't happen....

91. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

It's not illogical, considering the illogical BS ive seen you say. Nothing is really impossible. And it's only ignorant because you don't agree. But just because you don't agree, certainly doesn't make either of you wrong or right. But the fact you think Apple couldn't blow $200 in a decade, when it took them nearly a decade to make that much h is just...well...ignorant. Will apple be gone in 10 years? Hopefully not. But you can have all the money in the world and be a complete nobody. Apple will be relevant in some form. But they are going to be in an even small niche. If phones are still a thing 10 years from now, Apple will probably have less than 1/3 the market they have now.

40. nctx77

Posts: 2540; Member since: Sep 03, 2013

And your lonely pathetic @$$ will be sitting right here on these boards waiting because you have no life.

42. tedkord

Posts: 17453; Member since: Jun 17, 2009

Saying a company can't be hypocritical is silly. It can be judged hypocritical by its actions. True, its actions are determined by the people running it, but that doesn't change the fact. It's like saying a company can't be innovative, because it's the people behind it that innovate.

46. kiko007

Posts: 7520; Member since: Feb 17, 2016

Maybe so, but his position that Apple "Owes the world!" is utterly stupid. Yes, companies can be innovative....but it's the people that make things happen. Their main job is to make profit. They handle that job beautifully, even if they do so through unsavory tactics. Expecting a moral standard out of a company that large is pointless and beyond naive.

52. sgodsell

Posts: 7519; Member since: Mar 16, 2013

Clearly you don't know what he'll you are talking about. You make it sound like all apps hit iOS first. Clearly that is not the case, especially with Apples wall garden and iOS restrictions in place. There is way more utilities and tools for Android than you will ever find on any iOS device. Not to mention a lot more free apps on Android. Many developers can make money from free apps or in app purchases. Flappy birds anyone? Hey what about that pokemon go? But Apple likes to show profits about paying more to developers. They always leave out the free apps and iap. Talk about supply and demand, Apple is going to be lucky to make 200 million in device sales. Whereas Android is looking at over 1.2 billion devices this year alone. Android has already sold over 600 million devices so far (6 months). You clearly haven't been looking at the market. When OEMs can manufacture, package, and sell a device for around the $200 mark. Yet that device has either equal or better specs than the current iPhone 6s. For instance I can buy a Moto G4 for $200 and it has a full HD display. Yet Motorola can sell a device that has a higher resolution display for a lot less money. So why can't Apple make the 4.7" iPhone have a full HD display? It's not like it hasn't been done before. HTC One M7 anyone? Here's a fun fact for you. Apple is now the only OEM to sell a HD smartphone at a flagship price. No other OEM sells a flagship device with a HD display at a flagship price. Apples greed is catching up with them. Smart people see this stuff. Sheep and ignorant people don't know. What's asinine is Apple preachers like you kiko007.

56. kiko007

Posts: 7520; Member since: Feb 17, 2016

"Clearly you don't know what he'll you are talking about". *hell If you're going to try making a witty retort, at least do it right. The rest I didn't read, because there's no point in reading the rants of some troll. Have a nice evening :D.

60. sgodsell

Posts: 7519; Member since: Mar 16, 2013

To tell you the truth I don't care what you came back with. I laid out the facts. If you can't handle the facts, that is your problem, isn't it.

62. kiko007

Posts: 7520; Member since: Feb 17, 2016

"To tell you the truth I don't care what you came back with. I laid out the OPINIONS. If you can't handle the OPINIONS, that is your problem, isn't it. FTFY

63. sgodsell

Posts: 7519; Member since: Mar 16, 2013

- Fact Apple ecosystem is a wall garden. - Fact Apples iOS has lots of restrictions compared to Android as well as Apples app store. - Fact free apps with ads make money - Fact iap apps make lots of money (clash of clans, pokemon go, candy crush, .....) - Fact Apple sold 91 million iPhones this year, Android sold over 600 million this year. - Fact Moto G4 has a full HD display and only costs $200 - Fact HTC One M7 had a 4.7" display that was full HD - Fact iPhone 6s is the only flagship device with a HD display. - Fact all OEMs (except Apple) have full HD or higher displays for their flagship devices. - Fact smart people see that Apples greed is catching up with them, and Apple is not giving it's customers the latest tech. For that matter tech from a few years ago. Please kiko007 what is not a fact?

65. kiko007

Posts: 7520; Member since: Feb 17, 2016

-Yep, definitely a walled garden. But a walled garden with AfterPulse :D. What's that? Android doesn't have it? Too bad :) -Restrictions on what exactly? Specify your delusions. know the App Store nearly doubles the revenue of the Play Store right? - You also know that all of those apps are on IOS right? In fact, most of their funding comes from that platform. - Didn't know "Android" was an OEM that could make phones. BTW, even with that total.....they made a quarter the profit. Lmfao! -WTF does that have to do with anything? - Again..... WTF are you talking about? - Sony Xperia Z5 Compact has an HD panel as well. Check your privilege! - The iPhone 6S Plus has a Full HD panel. Check your privilege! - Now you're just whining. CHECK YO MUTHAFUKIN' PRIVILEGE ASSHAT!!!!!!!!! You're so over your head trying to argue with me.......and you don't even realize it :D

67. AlikMalix unregistered

Kiko, You play AfterPulse? What's your name in the game? I'm alikmalix. Or add me to your gamecenter.

69. kiko007

Posts: 7520; Member since: Feb 17, 2016

I actually deleted it after awhile. I'm more an "Implosion" kinda guy. Having said that, AfterPulse is an excellent game :D.

92. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

You got owned it wasnt a rant. You got fact checked and he owned your ass. Keep telling you dummies, Apples money is it an argument. You lost!

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