Sanford Bernstein analyst Toni Sacconaghi is telling clients that his research shows that the number of first time Apple iPhone buyers is shrinking; last year, 62% of iPhone sales came from first-time buyers, a number that is expected to drop to 54% this year. That is a drop of 13% in net new iPhone buyers. The analyst's concern is that without a deal with China Mobile, there are not enough first time Apple iPhone buyers left for sales to meet consensus forecasts...Source: http://www.phonearena.com/news/Analyst-Number-of-first-time-Apple-iPhone-buyers-is-rapidly-shrinking_id48243
