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Apple iPhone Sales Lagging, Says EMarketer

Despite Apple’s “hit” with the $399 SE, the company’s quarter will be "suppressed” due to smartphone weakness in the U.S., said eMarketer Friday, before the company's Thursday earnings report for the period ended June 30. Most analysts expect Apple revenue…

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to struggle to match last year's numbers as a result, but services will likely remain a growth area, with people spending more time on their smartphones during the pandemic, said Yoram Wurmser. The research firm expects Apple’s share of U.S. smartphone users to remain flat, at a 45.6% share by year-end; Android’s share will be 53.8%, dominating smartphone usage through 2022.