Analysts work hard to prove that what we assume to be correct does have substantial data to be correct. The general assumption is that when an upcoming phone is getting nearer, the sales of its predecessor tend to drop and Mike Walkley of Canaccord Genuity has confirmed that based his company's findings and data, the iPhone 4S will continue to decline until the next generational device comes forth. That said, he gave Apple stock a price target of $740, at a 'buy' rating.
Ubergizmo, iPhone 4S Sales to Decline until the next iPhone Arrives
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