Brief: Citi cuts global smartphone unit growth forecast

Samsung Life Insurance

05/02/2016 06:47

Feb 5 (Reuters) -  
 * Citigroup cuts global smartphone unit growth forecast for 2015 to 10.2 percent from 12.4 percent 
 * Citigroup cuts global smartphone unit growth forecast for 2016 to 7.7 percent from 11.6 percent 
 * Citigroup cuts global smartphone unit growth forecast for 2017 to 7.6 percent from 9 percent 
 * Citigroup cuts global smartphone unit growth forecast on weakness across all Regions except 
   Middle East & Africa 
 * Citigroup says expect global smartphone ASP to decline at 5 percent CAGR for 2015-2017 versus 6 
   percent previously 
 * Citigroup says remain negative on Sharp  6753.T  owing to its potential share loss in iPhone 
 * Citigroup expects Apple  AAPL.O  to continue to maintain premium product and enjoy high portion 
   of profits 
 
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