Investment firm Piper Jaffrey represented by analyst Gene Munster has lowered its predictions for iPhone 6s sales for the March quarter of 2016, after three suppliers have allegedly confirmed a 10% to 15% decline in component orders, and after a Nikkei report went even further by suggesting a 30% drop in supplier orders.
"While Apple has repeatedly stated in the past that the changes in orders from any given supplier are not indicative of the health of the iPhone business overall, we believe that the combination of three supplier guidedowns (Dialog Semiconductor, Qorvo and Cirrus Logic) as well as the Nikkei story suggesting production cuts from last week are too much collective evidence to not adjust iPhone expectations," Munster writes in a note.
Piper Jaffrey's forecast for June quarter (Q3 2016 in Apple's books) iPhone sales has also been revised down from 48.5 million units to 45 million. This would be another year-on-year decline from the 48.046 million units officially sold in Q3 2015.
Finally, the firm predicts Apple Watch sales will stand at around 6 million in the Holiday quarter ending December 2015. This would be a remarkable result, and even more so, Munster boldly predicts 2017 to be a "breakout year" for the Watch: he expects 20 million units to ship in 2016, and 40 million more in 2017.
source: Apple Insider