Yesterday Apple announced its fiscal 2014 first quarter earnings results. The company slightly missed Wall Street’s expectations of iPhone unit sales, reporting 51 million units sold during the past quarter as opposed to expectations of 55 million. Despite the fact that this translates into a record quarter for the company, analysts are now raising questions about continued slow growth of the iPhone. One analyst in particular, Gene Munster of Piper Jaffray, believes that iPhone sales growth will remain flat during this quarter, as opposed to the same time last year, resulting in almost zero growth year-over-year.
iPhone Sales Growth Rate Expected To Remain Flat This Quarter original content from Ubergizmo.
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