With Apple increasingly unlikely to release a new version of its iPad until the fall, at least one analyst is worried that it will spell trouble for sales of the iPhone 5 this spring. Per Barron’s, R.W. Baird analyst William Power projects “a sharper fall-off in iPhone sales due in part to heightened competition, and the lack of a March/April iPad refresh to depress this year’s sequential comparison relative to a year ago” when Apple released its third-generation tablet. Power’s remarks come amid reports that Foxconn earnings have been hurt by “disappointing” iPhone 5 sales over the past couple of months despite the fact that the iPhone 5 has been the best-selling smartphone in the world since its launch last fall.
Spring iPhone sales could be further ‘depressed’ by later-than-usual iPad launch
Published Apr 15th, 2013 3:05PM EDT
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Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.
