Analyst agrees with Tim Cook, tells clients that longer upgrade cycle is impacting iPhone sales

Most of you out there don't need to be told that Apple is really struggling with iPhone sales this year. Some of this problem is due to...

Most of you out there don't need to be told that Apple is really struggling with iPhone sales this year. Some of this problem is due to pricing, lack of innovation, trade wars, nationalism in China, strong competition from Android manufacturers, and one other reason touched upon by a Wall Street analyst who appeared a few days ago on CNBC.

Bernstein's Toni Sacconaghi wrote in a note to clients that the upgrade cycle for the iPhone has lengthened to four years for fiscal 2019, up from three years in fiscal 2018. The analyst blames this on Apple's discounted battery ...

from PhoneArena http://bit.ly/2RUImwJ