One key stat explains why Apple investors are excited for an iPhone ‘supercycle’

Short resume:

iphones
80%
fiscal
50%
base
40%
expected
40%

Over 300 million Apple users are on iPhone models that are two years old or older, analyst turned capitalist Gene Munster said. Analysts surveyed by Factset are expected unit sales of 241 million iPhones in the next fiscal year.
Source CNBC
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