The iPhone 6S has been a major disappointment for Apple
The iPhone 6S has the dubious distinction of being the first iPhone ever to sell fewer models than its predecessor. And it's not underperforming the iPhone 6 by a little bit -- Apple sold 51.2 million iPhones last quarter, 10 million fewer than it sold during the first three months of 2015.
On a conference call with analysts on Tuesday, CEO Tim Cook said the percentage of customers who are upgrading from older iPhones to the iPhone 6S is way lower than the upgrade rate to the iPhone 6 from a year ago.
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