However, Apple CEO Tim Cook pointed out that 60% of people who owned an iPhone before the launch of the iPhone 6 haven’t upgraded to the most recent models, which implies that there is still room to grow, Reuters notes.
Doesn’t it imply that a) people are no longer on contracts incentivizing biannual upgrade; and b) Apple hasn’t figured out a way to make a new phone that’s different enough from the iPhone 5 to make people want to switch?
