iPhone 6S Plus Rumors: Will September 9 Launch Arrest Apple's Falling Stock?

Apple's iPhone 6s (or maybe the iPhone 7) is eagerly awaited but pundits are predicting the new launch may not help the company's falling stock.

According to a News.com report, Apple may not be able to sell more than 75 million units in the last quarter of 2015 compared to the 75 million devices it sold during the same period last year, posting a zero or a negative growth. The report relies on predictions made by KGI Securities which sees a weakening Chinese economy and the iPhone 6s receiving minor updates, as hurdles to sales growth.

Apple stock is down from a record high of $133.60 breached in February on the heels of robust iPhone 6 sales. Given the high expectations of the company and the bullish predictions made following the launch, the demand for iPhones and the smartwatch reportedly fell short of expectations.

For Apple fans though a new iPhone is worth the wait. The Week reports that the Force Touch could the most significant feature on the new iPhone, which most reports suggest could be unveiled on September 9. Force Touch promises a novel touch experience on iPhone not different from what smartwatch users have experienced.