Suppliers say iPhone SE sales probably won't be enough to offset expected Q2 revenue drop

Apple's new reboot of the 4-inch iPhone factor is doing pretty well. The pocket-friendly device has reportedly received 3.4 million registrations in China and is expected to sell between four and five million units in the second fiscal quarter. Its more affordable price point is also serving great in attracting Android converts, so, in a nutshell, the little handset can be considered an overall success. However, industry supply chain sources have warned that the iPhone SE won't manage to overcome the already expected 11% or so decrease in Apple's revenue in Q2 this year. To quote...