Tuesday, 10 June 2014

Morgan Stanley analyst sees continuing strong demand for the Apple iPhone

Morgan Stanley analyst Katy Huberty sees continued strong demand for the Apple iPhone, based on analytics devised from web search metrics. Huberty's AlphaWise system calls for Apple to sell 39 million units of the iPhone in the current three month period, which would be a strong 25% increase from the year earlier quarter. At 39 million units, the results would top the current consensus forecast for the period, by 4 million iPhones.



The analyst says that promotions from Apple, carriers and retailers are driving the demand for the device. In addition, earlier this year Apple released a lower ...

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