Maxim Group claims that they are expecting a huge makeover under the iPhone 7 for the users even without knowing what changes are to be with the iPhone 7 says analyst Nehal Chokshi. After a very long time, Apple has topped the expectation of the analysts. Recently Apple shares the reports of their earnings for the third fiscal quarter.
The number of the orders made last year was higher than the orders made in the current year for the Apple products. Consumers are still waiting for the latest flagship product of the Apple. Maxim says that Apple will be experiencing a growth in their sales for the next 2 years completely. The claims for the company were made against the survey data conducted by them.
Apple has been oscillating between a good and a bad year from a long time now. For 2017, Apple has planned the launch of the Apple iPhone 8 and Maxim claims that mid-cycle precursor for iPhone 8 and the iPhone 7 will be good for Apple. The famous hardware analyst Steve Milunovich on the contrary claims that Apple will be only doing moderate in terms of the iPhone 7. They will be stuck with single digit growth for the fiscal year 2017 with their iPhone 7 model People are not paying much attention to iPhone 7 and are staying longer with their current handsets. They are talking much about iPhone 8 and lesser excited for iPhone 7. This situation could be critical for Apple.
The sales of the Apple handsets in China are the key to their revenue and Apple reported a downfall of 33 percent sales roughly in China. Apple lost $8.8 billion in Chinese market. Apple is also selling cheaper iPhone SE handsets in the market for making thinnest share of profits from the consumers.