IPhone 6 rumors could be hurting Apple phone sales

By | April 21, 2014

Scalper1 News

Rumors of Apple’s (AAPL) upcoming big-screen iPhone 6 could be starting to hurt sales of current iPhone 5 series smartphones, analysts say. The impact could show up in Apple’s fiscal second-quarter report due out after the close Wednesday. Apple  (AAPL) iPhone sales slowed in April because of the launch of Samsung’s latest flagship smartphone, the Galaxy S5, and consumers who delayed iPhone purchases until a new larger screen iPhone comes out, Canaccord Genuity analyst Michael Walkley said in note Monday. The rumored iPhone 6 isn’t expected to debut until September. Walkley says high-end Google (GOOGL) Android-based handsets such as the Samsung Galaxy S5 will take market share from Apple before the iPhone 6 launch, especially in the June quarter. However, Apple should win back meaningful high-end market share after the iPhone 6 comes out, he says. Scalper1 News

Scalper1 News