New estimates from Morgan Stanley indicate that Apple is having yet another strong quarter for iPhone sales, showing no signs of an early summer sales slowdown.
Equally auspicious, sales of Apple Watch are believed to be red hot. In fact, projections suggest that Apple Watch demand is even stronger today than demand observed for the first-gen iPhone Apple released more than seven years ago.
Morgan Stanley now expects to see 54 million iPhone sales during the current quarter before another likely upward swing in sales to close out the year.
“The iPhone 6 might also become even more popular later this year if its price drops to make room for a new model, especially if the iPhone 6s ends up being a relatively small upgrade compared to its predecessor,” TechnoBuffalo reports.