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UBS Analysts Forecast Strong iPhone 7 Plus Sales this Quarter

1af 88 cover iphone 7 Plus selling well

 

UBS Hardware analyst Arthur Hsieh notes in his recent analysis of Apple's iPhone sales states that UBS research shows that Apple has sold 26 million iPhone 7 Plus models in the quarter so far and that would represent 10 million more units in the same quarter a year ago. USB further notes that Apple has sold 74 million units, a 1% decline from last year. Yet since Apple has gained 10 million units on the iPhone 7 Plus side of the equation that generates more profit, there's a good chance that revenue won't to be negatively effected. USB further notes that iPhone 7 sales are showing strength in the U.S. and Europe, though a little softer in China thus far. For more on this, see the report here.

 

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