Here’s some good news for Apple: Lots of its customers are poised for an upgrade just as the iPhone 7 is expected to hit store shelves this fall.
Piper Jaffray Analyst Gene Munster polled 400 U.S.-based iPhone users and found 67.3 percent own an iPhone 6 series or older device. Of that, 31.5 percent have an iPhone 5S or older. As a result, the analyst believes customers will engage in some sort of an upgrade, largely because the devices won’t be as usable due to advances in software or because of physical problems.