Apple could be set to fall from its perch so high on the proverbial tree.
The company will be releasing its fourth quarter figures for 2015 this week and pundits believe those figures aren’t likely to be similar to previously issued numbers. A softer market, it is believed, will have finally caught up to the company.
Regardless, as reported by The Telegraph, Apple’s expected to post more than $18 billion in profit. The number is impressive but it’s not the one investors are watching. These investors have been riding the gravy train since 2007 with the launch of the iPhone, a device which has held up throughout ups and downs in the ever-changing smartphone market.
Just how many iPhones were sold in those final months of 2015 is not known. Some are expecting a very minor increase when compared to the same time period in 2014 while others believe it may reflect a decrease.
What’s just as important to watch, though, is the prediction for 2016.
As noted by C Net, many believe Apple may predict a slight downturn in sales for iPhones in the first quarter of the new year. That could spell trouble for investors, especially considering a new iPhone is expected to be launched in the coming months and the reports of a possible smaller iPhone to be introduced to the market prior to that launch.
There has been no official comment from Apple on the speculations.