Financial analysts forecast another downturn for Apple's iPhone, Mac
Apple later today will again announce a downturn for all three of its primary product lines, according to a group of independent and institutional financial analysts.
The June quarter results will nearly mirror those of the first three months of 2016, when Apple reported selling 16% fewer iPhones than in the same period in 2015, marking the first time since the 2007 roll-out that sales for the iconic smartphone contracted on a year-over-year basis.
According to Philip Elmer-DeWitt, who formerly blogged about Apple for Fortune but now runs the subscription-based Apple 3.0 website, the nine independent and 18 institutional analysts he queried forecast a fall in unit sales of the iPhone, iPad and Mac lines, as well as another decline in revenue.
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