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Analyst: Apple needs 'significant price cuts' on iPhone XR, rein in their 'pricing hubris'

Analyst: Apple needs ‘significant price cuts’ on iPhone XR, rein in their ‘pricing hubris’

[cfsp key=”getamac.jpg”]”Apple’s ‘pricing hubris’ on its midrange iPhone XR was the main factor in the company’s weak December-quarter sales, a Wall Street analyst says,” Patrick Seitz reports for Investor’s Business Daily. “Apple stock was down Monday.”

“Wedbush analyst Daniel Ives says Apple will need to cut pricing on the device to get back on track. In a report to clients, he said he expects…

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#Apple #iPhone ASP #iPhone installed base #iPhone prices #pricing hubris #Tim Cook

Analyst: iPhone 7 likely to smash existing sales records

“Many analysts seem to be unimpressed by iPhone 7 rumors and are already predicting yet another lull in iPhone sales in 2017,” Yoni Heisler reports for BGR. “But not everyone is taking such a pessimistic view.”

“According to BMO Capital Markets analyst Tim Long, the iPhone 7 will likely usher in a massive refresh cycle and help boost sales tremendously,” Heisler reports. “Long points…

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#BMO Capital Markets #iPhone 7 #iPhone installed base #Tim Long

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