Apple-connected analyst Ming-Chi Kuo, who toils for KGI Securities, has just sent out to clients his take on Apple's fiscal third quarter which ended last month. For the three month period, Kuo expects the tech titan to report that it shipped 54.2 million iPhones, 8.8 million iPads, and 3.9 million Apple Watches. The numbers reflect a gain of 54% for the iPhone, year-over-year. For the iPad, times remain difficult with a 33.5% decline expected from last year's fiscal third quarter.Kuo sees iPhone shipments declining 26% sequentially in the current quarter, to 40.1 million units. He blames ...
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