Nikkei claims iPhone revenue will be 8.6% down by yearend, rates Foxconn chairman

Several weeks after proposing that Apple is going into a three-yr cycle on important iPhone upgrades, Nikkei is again with another negative report. Citing an unnamed source ‘at an important provider,’ the bit calls that overall iPhone sales for the year will be 210-220M, the lower quantity representing an 8.6% yr-on-yr fall.

The perspective is apparently backed by Foxconn chairman Terry Gou, who’s said to have informed employees that need for I phones “will stay weak until at least early next year.” Foxconn fell to discuss the report.

Providers say that Apple is overestimating need when inserting orders, and that one promotion selection has also triggered problems …


Submitted under: iOS Products

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