Expect Big Apple Inc. iPhone Unit Growth in 2018
Research firm IDC recently published its expectations around Apple (NASDAQ: AAPL) iPhone growth for both this year and the coming year. According to IDC, iPhone shipments will grow 1.5% year over year in 2017 (a marked improvement from the 7% drop that IDC says that iPhone experienced in 2016), and then that growth will accelerate to 9.1% in 2018 "with the iPhone 8 and the new 7S/7S+ models playing a pivotal part in the near double-digit growth next year."
Though I agree with the general idea that Apple will see an acceleration in iPhone unit growth in 2018, I suspect that 9.1% unit growth is a conservative estimate that the company could push right past.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
€200.55
0.050%
Our community is currently high on Apple Inc. with 105 Buy predictions and 8 Sell predictions.
As a result the target price of 208 € shows a slightly positive potential of 3.71% compared to the current price of 200.55 € for Apple Inc..
