Cowen and Company analyst Timothy Arcuri issued a note to investors on Thursday, a copy of which was provided to AppleInsider, in which he forecast shipments of 41.5 million iPhone units in the current June 2017 quarter.
If that prediction proves accurate, it would be an increase from the 40.4 million iPhones Apple shipped in the same quarter of 2016. However, Arcuri noted that sell-through of iPhones to consumers could be flat or even down slightly, citing a 4 million unit channel inventory drawdown that Apple did in the June quarter of last year.