Financial analysts forecast first-ever year-over-year decline in iPhone sales

Later today, Apple will announce downbeat results from the first quarter of 2016, nearly three dozen financial analysts bet today.

According to Philip Elmer-DeWitt, who formerly blogged about Apple for Fortune but left the magazine earlier this month to kick off his own Apple 3.0 subscription-based site, all 11 independent and 19 institutional analysts pegged rare year-over-year declines in Apple’s revenue and a fall in unit sales of its iPhone and iPad lines. Most of the 30 analysts also bet that Mac sales would also slip from the same quarter of 2015.

Elmer-DeWitt has been collecting and averaging financial analysts’ forecasts for years, and continued the chore on his new site.

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