Apple could reach a business turnover of 41.6 million units in the third quarter of 2018: analyst

With its quarterly earnings report scheduled for July 31, Apple would likely have sold 41.6 million iPhones by the end of the third quarter of 2018, according to an badyst.

"The turnover would represent 3% growth per year" This figure would be slightly lower but "essentially online" with the Wall Street consensus of 42 million units, said Gene Munster of venture capital firm Wolf Ventures. 19659002] The iPhone is becoming a stable business, more efficient than hardware, suggests Munster

More specifically, the product will grow slowly but predictably over the next few years, thanks to a base of 39 installation in the According to Munster, the Cupertino giant's service business figure is expected to increase by 19% in June.

Apple has traditionally relied on hardware, but services like Apple Music, iCloud and the App Store have given the company a chance to reap recurring fees, adds Apple Insider's report .

Meanwhile, the company sold 52.2 million iPhones in the second quarter of 2018.

Sales figures and earnings are generally lower in the third quarter before the launch of new iPhones.

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