Morgan Stanley analyst Katy Huberty recently predicted that 2016 would be first time that iPhone sales would shrink, dropping by up to three per cent.
Given the iPhone 6S and 6S Plus sold 13 million in their opening weekend, a jump from the 10 million sales for the iPhone 6 and 6 Plus the previous year, a decline of that scale would be a massive turnaround. However the Morgan Stanley grim forecast was matched by other analysts, including Pacific Crest and KGI Securities.
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