Survey suggests healthy iPhone upgrade intent, lukewarm interest in an Apple streaming service
Amid slowing iPhone upgrade rates and slowing smartphone sales in general, a new survey from investment firm Baird indicates higher iPhone upgrade intentions than past years. As noted by Barron's, Baird analyst William Power has reiterated his bullish stance on AAPL thanks to Services and iPhone upgrade intentions. As for Services, Baird's survey also asked shoppers about their interest in an Apple streaming service. According to Power, iPhone users own an average of 2.6 Apple devices, which could include iPhones, iPads, Macs, Apple Watches, and Apple TVs. "Our semiannual U.S. Apple survey confirms slowing smartphone purchase intent, but on a bright note, suggests continued strong iPhone share," he wrote on Tuesday.
Post a Comment