An attendee takes a photograph of the brand new Apple Inc. iPhone SE smartphone after an occasion in Cupertino, California.
David Paul Morris | Bloomberg | Getty Pictures
Apple’s iPhone shipments may very well be up 10% year-over-year within the first quarter of 2020, in accordance with a brand new estimate from TF Securities analyst Ming-Chi Kuo.
Kuo believes the expansion shall be partially pushed by an unannounced new machine he calls the iPhone SE, which he believes shall be a low-cost iPhone utilizing the iPhone eight design with an up to date processor. Final week, Kuo predicted an iPhone SE2 might launch within the first quarter of 2020.
Kuo believes that demand for the iPhone 11 is powerful and Apple is unlikely to inform its suppliers to count on cuts, partially primarily based on two-week wait instances for some iPhone 11 fashions.
The notice predicts that Apple might ship 37-40 million of the higher-end iPhone 11 Professional and iPhone 11 Professional Max telephones within the fourth quarter of 2019. Nonetheless, he predicts Apple might ship 36-40 million of the extra cheap iPhone 11 fashions.
Apple would not report iPhone unit gross sales or break down which of its iPhone fashions promote higher than others, however Kuo’s estimates counsel that Apple is promoting the next ratio of low-cost iPhones than final yr.
“Buyers fear Apple will lower new iPhone cargo forecasts in October as the corporate used to,” Kuo wrote. “However iPhone 11 collection’ normal transport instances are at the moment greater than two weeks, and it implies the probability of Apple’s order minimize is fading away.”