Apple is scheduled to report quarterly financial information – including holiday sales numbers – after the close of the stock market today – following a flurry of reports that iPhone sales are predicted to decline in the March quarter.
In a recent note to clients, analyst Ming-Chi Kuo of KGI Securities predicts that during the first three months of 2016 iPhone sales will decline to 43 million units. That is a 29.7 percent year-over-year decline, according to a report on the memo by Bidness. That would be the first yearly decline for iPhone sales, analysts say.
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