Apple to Sell 10% More iPhones in 1Q20 Due to Strong iPhone 11 Demand, New iPhone SE 2 [Report]

Apple to Sell 10% More iPhones in 1Q20 Due to Strong iPhone 11 Demand, New iPhone SE 2 [Report]

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Apple is expected to sell 10% more iPhones year over year in 1Q20 due to strong iPhone 11 demand and a new iPhone SE 2, reports TF International Securities analyst Ming-Chi Kuo.

We expect that combined iPhone shipments in 1Q20 will grow around 10% YoY thanks to the iPhone 11's replacement demand boosted by more affordable prices and iPhone SE2's shipments starting in 1Q20. We estimate that iPhone shipment in 1Q20 will be 45–50mn units (iPhone 11 Pro series and iPhone 11 to be 13–15 and 22–24mn units, respectively), which is better than around 42mn units of iPhone shipments in 1Q19 (iPhone XS series and iPhone XR to be around 12 and 14mn units, respectively).

iPhone 11 shipments are expected to reach 70 to 75 million units this year with supply constraints limiting that number somewhat. iPhone 11 Pro shipments are predicted at 37-40 million units and iPhone 11 shipments are predicted at 36 to 40 million units. "Increased production difficulties" of specific components will purportedly result in lower iPhone 11 Pro sales this holiday quarter than iPhone XS sales in the same quarter a year ago.

Kuo says Apple has boosted orders in anticipation of strong replacement demand for the iPhone 11. As a result, "iPhone 11 shipments in 1Q20 (22–24mn units) will be better than those of iPhone XR in 1Q19 (14mn units) significantly."

Last week, Kuo predicted that Apple would launch a new iPhone SE 2 in 1Q20 that has a similar design to the iPhone 8. Please follow iClarified on Twitter, Facebook, Google+, or RSS for more updates.

[via MacRumors]


Apple to Sell 10% More iPhones in 1Q20 Due to Strong iPhone 11 Demand, New iPhone SE 2 [Report]

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