Analysts Predict Drop In Average Iphone Selling Price Growth In Services To Make Up The Difference
Ahead of Apple’s financial earnings call covering the holiday quarter, analysts are speculating that the average selling price for iPhones has declined. A report from Bloomberg shares that even though there may be growth for total iPhone units shipped compared with the year ago quarter, predictions say it will be the strong rise in Apple’s services that will increase revenue for the quarter. At first, a $3 decline per iPhone doesn’t sound like a lot, but when you consider multiplying that times the estimated 76 million iPhone sold in the holiday quarter, it’s almost a quarter of a billion dollar revenue decrease....