Q4 no fluke: Apple iPhone 6 sales strength to continue

By | February 9, 2015

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Apple (AAPL) iPhone sales are likely to remain strong this year as customers upgrade to bigger-screen iPhone 6 series handsets, Canaccord Genuity analyst Michael Walkley said Monday. Apple last month reported a monster December quarter for iPhone sales, selling 74.5 million units, up 46% year over year and crushing expectations for 68 million units. Walkley says the iPhone sales momentum will continue this year. “A strong iPhone 6 upgrade cycle should continue through calendar 2015, driven by two primary reasons,” Walkley said in a research report. Those two reasons are iPhone users upgrading to the latest handsets and Google (GOOGL) Android smartphone users switching to iPhones. “First, given our estimate only 15% of the iPhone installed base has upgraded to the iPhone 6 devices, we anticipate continued very strong replacement sales to existing iPhone consumers,” he said. “Second, we anticipate further high-end smartphone market share gains for… Scalper1 News

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