A top analyst says Apple is on the cusp of another monster sales cycle for the iPhone 15 and its share price will break more records
Despite some signs that iPhone sales have slowed, one Apple watcher is predicting iPhone sales to bounce back and push its stock into stratospheric levels.Apple reported in May
Ives believes that the iPhone 15 will convince these folks, as well as the iPhone faithful, to buy new versions and to spend more on them. He predicts that Apple will raise prices and command an average sale price of around $925, which is $100 higher than the average sales price Apple has commanded for new iPhones over the past 18 months.for its newest iPhone when it announces it in the fall. And Ives has been right when he's made predictions about iPhone pricing in the past.
Specifically, Apple's six months' revenue for Services was $41.7 billion, up 6%, . So, Ives might be optimistic that Services will hit $100 billion instead of the $82 billion that it is tracking for, at least in its current fiscal year.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street analyst sees Apple raising iPhone 15 prices this yearApple is expected to hike iPhone prices in the U.S. for the first time since 2017 by as much as $200 according to analysts.
Read more »
Forget Apple Vision Pro: Something Cheaper Is Coming From Apple, Report SaysApple Vision Pro is still months away, but it seems there’s a more affordable version already in the works.
Read more »
Cracker Barrel's Pride Month salute draws praise and anti-'woke' angerInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
A startup 'mass extinction event' has begunInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Apple's Vision Pro isn't just a 'headset' but the next tech frontierApple's Vision Pro isn't just a 'headset,' stupid — it represents the next big frontier of spatial computing
Read more »
Astros insider: Seth Martinez earns respect in tough-luck 14-inning defeatSeth Martinez was the Astros' last line of defense and he kept going back out there...
Read more »