Apple is anticipating strong demand for its next generation iPhone, according to Pacific Crest analyst Andy Hargreaves.Although it is early and we lack visibility into the critical December quarter, our initial estimates of iPhone component orders in FQ4 suggest Apple is anticipating demand in the next iPhone cycle that is ahead of our current expectations. A meaningful decline in F2016 iPhone unit sales has been our largest concern, so the slightly higher-than-expected initial order volume reduces risk to the shares, in our view.Hargreaves notes, that as expected, the iPhone 6s is unlikely to see the same upgrade activity as the iPhone 6. “We do not anticipate the same rush of upgrade and switching activity in the 6s cycle as Apple experienced in the 6 cycle, which seems likely to drive slower sequential growth in sales volume in FQ1 (Dec.) and a slower associated ramp in component orders through December.”Share Article:Facebook,   Twitter,   LinkedIn,   Google Plus,   Email,   Reddit,   Digg,   Delicious,   StumbleUponFollow iClarified:Facebook,   Twitter,   LinkedIn,   Google Plus,   Newsletter,   App Store,   YouTubeAdvertise Here

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