KGI Analyst Says Despite Initial Demand iPhone 7 Won’t Outsell the iPhone 6s

In his latest note issued to investors, KGI analyst Ming-Chi Kuo says that despite the overwhelming demand for the iPhone 7 and iPhone 7 Plus, the handsets will not sell as well as the iPhone 6s for Apple. He, however, does expect Apple to ship 70-75 million units of the iPhone 7, up from his original estimate of 60-65 million.

Continue reading →