ValueAnalyst
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Strong iPhone SE launch suggests 15M incremental 2016 sales for Apple, RBC says
I don't understand how 15M is considered a success, especially at a lower than expected price and gross margin, when there are 300 Million people using 3 or more years old 4-inch iPhones, tens of millions of people in China and India alone becoming "middle class" each year, and a ton of people who regrettably upgraded to larger screen iPhones because 4-inch form factor hasn't been updated in years. Apple should be selling over 100 million of IPhone SE's not 15M!!!