Apple is basically facing a triple whammy for iPhone sales this spring. The overall smartphone market is currently going through a -notable slowdown in sales growth and will go from nearly 40% growth in 2013 to-under 20%-growth in 2014, according to IDC. The China Mobile sales of TD-LTE phones as of February came in at weaker-than-expected 1.3 million units, translating to just 1 million iPhone units. And now it is looking as though the iPhone 6 won’t launch until September or so, meaning that Apple will be stuck selling the less than thrilling iPhone 5, iPhone 5c and iPhone 5s models all through the June quarter. The combination of slowing global growth of high-end phones and weaker than expected Chinese



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