iPhone delay could spell gloom for Apple, analyst says
Apple's tried and true habit of releasing one iPhone a year is not lost on consumers, who typically buy the least number of the devices in the quarter just before the new model goes on sale.
But if Apple were to extend its usual turnaround time this year, it could seriously ding Apple's share in what's become a multi-horse smartphone race, says Bernstein Research analyst Toni Sacconaghi.
In a note to investors on Monday, Sacconaghi said he expects the iPhone's market share among smartphones to go from about 17 percent down to 12 percent in the … Read more