Apple Inc. (AAPL): iPhone Market Share to Drop, Says Analyst

“We acknowledge the true nature of these cuts is as yet inconclusive, but we suspect they reflect growing demand for competitive offerings (e.g. Samsung), particularly outside the U.S.,” Yeung wrote.

Yeung, however, did suggest that the earnings report will reveal that Apple Inc. (NASDAQ:AAPL) just might beat Wall Street expectations of 45-50 million iPhones sold in the last quarter, though he thinks the numbers will be down in the current quarter to 35 million units (the consensus is 42 million). Would the release of a rumored iPhone 5S this summer help the company’s fortunes? “Based on our understanding of the iPhone5S (same form factor), we do not view the forthcoming launch (scheduled for C2Q13) as a catalyst for market share regain,” Yeung wrote.

What do you think of this report and the prediction? Are you sour on Apple Inc. (NASDAQ:AAPL), or do you think the company can and will rebound? We’d love your feedback in the comments section.

DISCLOSURE I own no positions in any stock mentioned.

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