As many as 350 million Apple iPhones will be upgraded over the next 12-18 months claims report
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- 2018.08.24. 02:05
Ask two Wall Street analysts if today is Thursday and you're likely to get two conflicting responses. Just the other day, we told you that New Street Research analyst Pierre Ferragu told clients that Apple will report lower iPhone revenue in 2019 and 2020. Ferragu's theory is that the success of the iPhone X (he figures that Apple will sell 65 million units of its tenth anniversary iPhone this fiscal year) has resulted in moving forward some 2019 and 2020 phone sales to this year. In addition, he spoke about a longer upgrading cycle that will stunt future iPhone revenue.
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