Inflation may hurt Apple's iPhone sales this year, survey says

Nearly two-thirds of US shoppers said that stubborn inflation will prevent them from buying a new phone this year, according to a survey released Tuesday — putting a possible damper on Apple sales of its latest iPhone.The survey by WalletHub also found that nine in 10 who were polled said they think iPhones are overpriced.“When day-to-day living costs are already high, it’s hard for many people to justify an expensive phone upgrade,” WalletHub analyst Chip Lupo said in a statement. “Apple and other phone co ...