Apple's stock value plummeted over 3 percent on Nov. 10, after Credit Suisse reported that the sales of the tech giant contracted.

Opinions among experts are divided, as investment firm FBR states that Apple handset sales are going strong.

Kulbinder Garcha, leader analyst of a Credit Suisse team, notes that teams in Asia said Apple shaved 10 percent off its component orders. In Garcha's opinion, the culprit seems to be the overestimated demand of the iPhone 6s.

Wall Street broker firm FBR has a different take on Apple's stock fluctuation.

"We saw the same knife fight develop going into the much contentious September quarter and Apple proved the skeptics wrong yet again," FBR analyst Daniel Ives says. He further pointed out that FBR expects the last month of 2015 to see a surge in sales of iPhone 6s.

After initial estimations predicted that Apple will sell 242 million units in 2016, the analysts from Credit Suisse reworked the numbers and lowered the final result to 222 million units. This means an 8.3 percent decrease for 2016.

Former projections of the analysts indicated that by 2017, Apple will manufacture 235 million iPhones.

"In our view, the continued weak supply chain news could weigh on Apple shares for the next few weeks or quarters," underlines Credit Suisse in the report.

Predictions for the stock price of Apple in 2016 were as high as $10.40/share, but now Credit Suisse estimates that $9.81 a share is a more reality-based value.

FBR and Credit Suisse both ranked Apple with an outperform rating in their reports.

"We still believe that year over year, iPhone growth will be the key in the December quarter ... coupled by positive growth from new products," Ives notices. One such new product is the rumored 4-inch iPhone that should launch next year and which will, according to specialists, give a great boost to Apple sales.

In October 2015, Apple estimated that Q4 2015 will bring it 48 million sold iPhones.

The growing install base of Apple's devices can rise to 615 million if the growth rate of 24 percent a year stays on track. Better installment plans that help iOS fans pay for their new high-tech devices should also aid Apple into increasing its market share.

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