The analyst Gene Munster , known for statements and rather hasty judgments on a variety of business plans, admitted he made a mistake in criticizing the ‘ iPhone Upgrade Program Apple.
The Piper Jaffray analyst had originally planned that only 15% of new iPhone users would be willing to pay for the leasing program of 24 months of the Cupertino giant. In a new note sent to clients, however, Munster reported that of 188 iPhone 6s buyers he interviewed in November, 37% admitted that they intended to enroll in the program. What’s more, the analyst believes that by the end of the quarter the rate of subscription to the program could reach 50% .
Obviously, a survey of a sample of 188 users can not give certainty about the success, or failure, of the iPhone Update Program for Apple, but Munster has had to think again.
Moreover, Munster has recently declared that to produce a new iPhone with a 4 “display would be for Apple nothing but a waste of time, because users do not want to return to using the display as” small “. Also in this case you will have to change his mind? Only time will answer that question.
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