Apple iPhone sales slump could be reversed by move to 5G, says GlobalData

Following the news (1st May) that Apple iPhone sales dropped by 17% compared to the same period last year to $13bn;

Lynnette Luna, Principal Technology Analyst, Global Telecom Consumer Services Platforms and Devices at GlobalData, a leading data and analytics company, offers her view on this news, 

“Apple has been struggling with falling iPhone sales all year, so this is not a shock. However, the move to 5G is becoming more important for Apple as the technology should give iPhone users a reason to upgrade to new iPhones late next year.’’

“The company has made a big push into the services arena, and that showed growth along with wearables, with investors seemingly satisfied with Apple’s improved outlook for the next three months.’’

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