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Apple: Beware, iPhone 7 Starting to Look Like iPhone 6S, Says Barclays

Two weeks after Apple’s (AAPL) iPhone 7 went on sale at retail, Barclays’s Mark Moskowitz today warns that sales could drop off in the near future, similar to a downturn following the introduction of the prior model, the iPhone 6S. “Conversations with industry participants suggest iPhone sales trends could be at risk of petering out in coming months, similar to last year’s post-IP6S launch fall-out,” writes Moskowitz, who has an Overweight rating on Apple stock.
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