IPhone Sales Drop 8.6% This Year: Nikkei

Posted: Jun 13 2016, 8:16am CDT | by , in Apple


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iPhone Sales Drop 8.6% This Year: Nikkei
Credit: Martin Hajek

For the first time in the iPhone history sales will fall says a report. Other analyst predict a decline as well, but not as harsh as Nikkei.

Japanese newspaper leads today with a story about declining iPhone sales. The report cites a person at a major supplier saying that overall iPhone shipments will total only 210 to 220 million this year, falling as much as 8.6% from 2015.

"Hon Hai Precision Industry Chairman Terry Gou has told his staff that the demand for iPhones will remain feeble until at least early next year," a source said to Nikkei. Hon Hai aka Foxconn Technology Group, declined to comment.

The reasons for the first sales decline in the history of the iPhone is the lack of new major features in the iPhone 7 and the slowing economy in China. Apple is keeping the iPhone 6S design for the most part, adding dual lens camera in the iPhone 7 Plus. The iPhone debuted in 2007 and is the driving product of Apple's success and market capitalization.

Yesterday we carried an analyst report that is not as gloom, but still sees a drop in annual iPhone sales this year. IC Insight predicts that Apple will sell 225 million iPhones in 2016, compared to 231.6 million sold in 2015.

I still believe it is too early to tell and even suppliers cannot really know yet how many iPhone 7 Apple is going to order this year. New iPhone 7 renders based on leaked CAD files and the rumored new color dark blue show that the small changes have a lot of impact on the overall look of the iPhone 7.

Apple will today at the WWDC 2016 unveil new software and services features. There is no hardware announcement expected. The iPhone 7 is going to be announced in September.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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