The next Monday, April 25th, Apple has sum up the results of the first quarter of 2016, posting a quarterly financial report. Back in January, it warned its investors that the first time for all iPhone sales decline may occur in the first quarter of the year. Falling supplies, according to analysts, will continue in the current quarter.
According to AppleInsider, citing on analysts from companies Rosenblatt Securities and UBS, iPhone sales decline will continue in the second quarter of this year. The company was faced with weak demand for the iPhone 6s and iPhone 6s Plus. Analysts said that Apple will continue to cut iPhone production volume of about 4 million units. This is indicated by the weak performance of the Taiwanese company TSMC, which is involved in the production of A9 processors for new iPhone 6s, iPhone 6s Plus and iPhone SE.
However, analyst Steve Milunovic from the firm UBS raised its sales forecast for the current quarter from 42 million to 48 million iPhone, but warned that this estimate may be too high. He suggests that Apple's revenues for the current reporting period totaled $ 49.5 billion, while other analysts maintain their forecast of $ 47.6 billion. Analysts Rosenblatt did not make any forecasts for the second quarter.