Last night Apple announced financial results for Q4 2015, and during the conference for their discussion Tim Cook confirmed for analysts that in Q1 2016 we will see the first drop in iPhone sales in a fiscal quarter compared to the equivalent fiscal quarter of the previous year.
Practically Tim Cook confirmed to the analysts the estimates from the past weeks when they announced that sales of iPhone terminals in T1 2016, T2 2016 in Apple's fiscal year, will be lower than those recorded in T1 2015, the low interest in purchasing iPhones being the main reason mentioned by Tim Cook for this decrease.
Apple did not make a projection for sales for the fiscal quarters following the one at the beginning of the year, but the period January - March 2016 is announced by the Apple company as one of decreases in sales of iPhone terminals and implicitly in receipts.
In Q1 2015, Apple sold 61 million iPhone terminals worldwide, with only 13 million units less than during the winter holidays, but this year sales will be much lower, so Apple has three months ahead of it. speculations that will seriously affect his shares on the stock market.
We do think that iPhone units will decline in the quarter. We don't think that they'll decline to the level that you're talking about. We aren't projecting beyond the quarter as [Apple CFO Luca Maestri] mentioned earlier, but at this point in time, we see that Q2 is the toughest comparison.
Although during the winter holidays the Apple company had the largest number of former Android users who chose to switch to the iPhone, in Q1 2016 we will not experience a similar evolution in terms of sales of iPhone terminals.
