Outlook for iPhone sales growth slightly in the second quarter of this year

The iPhone is without a doubt one of the best selling smartphones on the planet but the sales of this phone have seen a decline over the last few quarters. Analysts now expect the iPhone to restore the tone of sales again. In fact, analysts expect iPhone sales to grow in the current quarter by slightly over the same period last year.

The analyst Timothy Arcuri of Cowen & Company sent an investor note in which Apple expects to ship 41.5 million units of iPhone in the current quarter, which will expire by the end of this month. If its expectations are correct, it means iPhone sales will rise slightly, with Apple shipping 40.4 million iPhones in the same quarter last year. Timothy Arcuri analyst warned that iPhone sales to end consumers can either be stable or low.

Analysts on Wall Street expect Apple to generate revenue of $ 44.9 billion, which means $ 1.57 per share. By comparison, Apple attracted $ 42.2 billion in revenue in the same period last year, which means $ 1.42 per share.

At the same time, iPhone sales are expected to grow significantly in the fourth quarter of this year due to the arrival of the iPhone 8 to celebrate the tenth anniversary of the launch of the iPhone. This is expected to negatively impact the iPhone sales in the third quarter of this year due to the fact that the majority of consumers will refrain from buying current iPhone phones until the arrival of the new iPhone 8.