Spring iPhone sales could be further ‘depressed’ by later-than-usual iPad launch

Brad Reed
Later next-gen iPad launch could further hurt spring iPhone sales
Later next-gen iPad launch could further hurt spring iPhone sales

With Apple increasingly unlikely to release a new version of its iPad until the fall, at least one analyst is worried that it will spell trouble for sales of the iPhone 5 this spring. Per Barron’s, R.W. Baird analyst William Power projects “a sharper fall-off in iPhone sales due in part to heightened competition, and the lack of a March/April iPad refresh to depress this year’s sequential comparison relative to a year ago” when Apple released its third-generation tablet. Power’s remarks come amid reports that Foxconn earnings have been hurt by “disappointing” iPhone 5 sales over the past couple of months despite the fact that the iPhone 5 has been the best-selling smartphone in the world since its launch last fall.

[More from BGR: Samsung Galaxy S4 said to launch on April 26th at AT&T, May 30th at Verizon]


This article was originally published on BGR.com