Analyst says iPhone sales could fall below 200 million units this year

In a note to clients — as reported by AppleInsider — KGI Securities analyst Ming-Chi Kuo says lower-than-expected demand for the iPhone 6s, a soft iPhone SE launch, and dual-camera designs from competitors expected to beat the “iPhone 7” to market means Apple smartphone shipments could fall below 200 million units this year. (Let the “Apple is doomed rumors” begin!)

He predicts shipments of between 85 million and 95 million iPhone units in the first half of 2016, followed by 105 million to 115 million in the back half of the year. Kuo thinks iPhone units will fall between 190 million and 210 million for the full year, and he believes Apple is "likely" to see sales fall on the short end of that prediction, dipping under 200 million.

Apple shipped 232 million iPhones in 2015. Most Wall Street “experts” expect Apple to ship between 210 million and 230 million iPhones this year.

In other iPhone news, Apple’s second attempt to crack the Indian smartphone market by selling used phones is meeting “a wall of resistance,” according to Bloomberg. The iPhone maker “has been stymied by low incomes and regulations,” the article adds.