KGI Securities analyst Min-Chi Kuo is predicting that Apple will sell between 70-75 million iPhones, and 3.5-4 million Apple Watches during the holiday quarter. However, Kuo says that sales momentum could decline in the new year, possibly even posting a year-over-year shipment decline for the first time in the first quarter of 2016. We estimate iPhone shipments rose 2.1% QoQ and 23.6% YoY to 48.5mn units in 3Q15, of which 20-22mn units were iPhone 6s. We attribute the solid YoY growth to the inclusion of China as the first-launch market for iPhone 6s and to increased output of the new model (versus 14-15mn units of iPhone 6 in 3Q14). However, as we do not expect overall demand for iPhone 6s to be significantly stronger than that for iPhone 6, we expect shipments momentum could gradually decline in 4Q15-1Q16F on a YoY basis. We expect iPhone may see its first YoY shipments decline in the first quarter of a year in 2016.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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