Will Apple launch iPhone 7 too
Rumours reported in the press claim that Apple Inc. (NASDAQ: AAPL) will release the iPhone 7 before the end of 2015. The rumours have been specific. Apple already has ordered 90 mln units. Also, the iPhone 7 may change very little from the iPhone 6, which raises the issue of whether the iPhone 7 will be released too soon, given the ongoing demand for the current version.
The iPhone 6 is ten months old and barely will have passed its first birthday when the iPhone 7 is released. By almost any measure, the iPhone 6 has been successful. The first weekend the smartphone was available, over 10 mln units were sold. Apple sold more than 61 mln iPhones in the most recently reported quarter, up 40% from the same quarter last year.
According to Barron’s, Raymond James analysts increased their forecasts for iPhone sales in the quarter about to be announced, plus September, to as many as 50 mln units. In