Apple Forecasts based on a Predictive Algorithm
Apple sold 63.4 million iPads in the calendar year 2014, which was a decline of roughly 15% from 74.2 million in 2013. It appears the company may face another year of declining iPad unit sales. KGI securities analysts Ming-Chi Kuo projects that iPad sales could drop another 30% this year compared to 2014, meaning this year would be the greatest drop in iPad sales on an annual basis the company has experienced yet.
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I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.