Gene Munster says goodbye with a final call for Apple to sell 170 million iPhones in fiscal 2018
posted by Alan F. / Dec 16, 2016, 1:53 AM
Munster's 874th note about Apple said that services are the next frontier for the tech titan. If the company cannot make that change, investors will once again be forced to focus on unit growth and innovation. Speaking of unit growth, Munster says that the March and June quarters next year will see Apple topping the Street's expectations for sales of Apple iPhone 7 and Apple iPhone 7 Plus.
The analyst predicts that the tenth anniversary iPhone, with a rumored edge-to-edge OLED panel, will produce high single-digit to low double-digit growth next year. Calling the premium anniversary model the iPhone 10, Munster expects sales of 170 million units of the iPhone during Apple's fiscal year 2018 which starts October 1st, 2017.
To be considered a services company by investors, Munster said that Apple would have to produce 50% of its revenue or more from back end businesses. In addition, Apple would have to sell cheaper devices and accept lower profit margins.
Some time in the next five years, Munster sees Apple replacing the iPhone with a wearable device using Augmented and Mixed Reality. He also expects automobiles to be the next major platform that Apple will dominate.
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Posts: 174; Member since: Oct 16, 2016
I saw article in news how mr president donald trump called all usa richest ceo's And everybody such sad faces most of tim cook.. Sad he will have to employ same usa employees and give them more money.. Why these usa rich ppl are so greedy and selfish?
posted on Dec 16, 2016, 2:16 AM 0
Posts: 5868; Member since: May 06, 2016
"In addition, Apple would have to sell cheaper devices and accept lower profit margins." I doubt Apple will willingly want to resort to that ... unless it's sales and market share drops drastically.
posted on Dec 16, 2016, 2:19 AM 7
Posts: 3253; Member since: Jul 22, 2014
Though it's not always about the price. It's about the quality of the product, inside and out that you can justify the price. And apple is either failing bit by bit on features or people are just getting bored with the overlook look and ui which every phone companies are also suffering from right now. Samesung for samsung in the past, iDontchangemydesigns with iphones in the present.
posted on Dec 16, 2016, 8:35 AM 0
Posts: 308; Member since: Jun 16, 2014
hope apple does it again with the iphone 8, they have always been leading in the terms of money they make from the iphone, no phone company have even done that, they are the best in business and I m sure that samsung will give them a tough competition this year....
posted on Dec 16, 2016, 2:58 AM 0
Posts: 515; Member since: Jun 05, 2015
Apple has services but they are only for Apple product owners... if they continue loosing market share they continue loosing money even if they wanted to be a services company they will have a hard time and apple will never dominate in automobiles period.
posted on Dec 16, 2016, 3:58 AM 0
Posts: 2445; Member since: Mar 23, 2012
These analytical BS is so GONE!! Who told Trump will win the election?? NO ONE! lol.. These maggots know nothing about the society and it's depths. They'll say anything to grab some money from big companies. Main stream media and their so called analytics are a big fat lie and a joke.
posted on Dec 16, 2016, 5:27 AM 1
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