Morgan Stanley analyst Katy Huberty said in a statement that Apple would experience a supercycle with the upcoming iPhone 8. It is expected to happen in October, when the phone is released, rather than the usual September launch. Supercycle is a phenomenon where owners of older iPhones are deliberately withholding a phone purchase because they are waiting for a major upgrade. The iPhone 8 is expected to bring around 10% sales bump, according to previous reports. The top-notch iPhone 8 is projected to cost more than $1000. The extra bucks are expected to get you an OLED panel,...
Source: http://www.gsmarena.com/morgan_stanley_iphone_8_supercycle_will_eventually_happen-news-26256.php
