Apple's "disappointing" iPhone sales growth could continue this quarter and over the foreseeable future.
Yesterday Apple reported sales of 51 million iPhones for the December quarter. Though that number hit a record, Wall Street analysts had anticipated 55 million in sales, triggering renewed questions about the company's future iPhone growth.
Piper Jaffray analyst Gene Munster now predicts Apple will sell around 37.5 million iPhones this quarter, down from his prior forecast of 42 million. In the year-ago quarter, Apple sold 37.4 million iPhones, which would mean little or no growth for the current quarter … Read more