[ad_1]
After Apple officially launched four 5G iPhones on Tuesday (13), Wall Street analysts debated the prospects for future sales of new phones.
IPhone 5G Sales Expectations?
Foreign media reported that Apple has judged demand for new iPhones to be stable and is asking vendors to prepare for the production of more than 75 million new 5G iPhones. Wall Street estimates that iPhone 12 model shipments are expected to reach 80 million units in 2020.
Wedbush investment bank analyst Daniel Ives is optimistic about sales of new Apple machines: “Of the 950 million iPhones worldwide this year, about 350 million can be upgraded. This is the most important product cycle. from iPhone 6 in 2014 “.
Daniel Ives said: “Asian suppliers expect increased demand for new 6.7-inch machines to improve profit expectations.”
According to Morgan Stanley analyst Katy Huberty, this is the first real supercycle since the iPhone 6 four years ago, and it’s hailed as the biggest iPhone event in recent years.
Patrick Moorhead, founder of Moor Insights & Strategy, said that with or without Apple, China has a 5G buying spree. In fact, there are more 5G mobile phones sold in China than non-5G mobile phones.
Patrick Moorhead said that US carriers are waiting for Apple to launch a 5G iPhone to shine in the US market. The iPhone is still the main product for Apple to make money. The addition of the iPhone 5G to its product line will help Apple promote its cost-effective integration of hardware, software services and digital content.
However, Piper Sandler analyst Harsh Kumar said TheFly.com’s survey of thousands of users showed that, considering the pressure on personal spending caused by the epidemic, only 10% of current iPhone users are willing to upgrade.
Jake Dollarhide, CEO of Longbow Asset Management, said that due to the pandemic, Apple could experience a cold period of sales during the holiday shopping season.
Jake Dollarhide thinks it will be more difficult to sell iPhones this Christmas due to the convergence of the flu season, the new corona virus and cold weather, forcing everyone to stay home, and sales in physical Apple stores are a lot better known than online sales.
Gene Munster, Managing Partner at Loup Ventures, noted that most 5G services currently operate in low-frequency bands, and download speeds are estimated to be only 40% faster than the current 4G network. So there are limited incentives to push the iPhone update this year. Investors are called in 2021. Keep expectations moderate for iPhone 12 sales.
Apple’s Stock Market Outlook
After the second wave of Apple’s fall conference, its stock price fluctuated and fell, and its market value declined by nearly $ 81 billion, closing 2.69% at $ 121.05 per share. .
Wall Street analysts are mostly wary of Apple stocks, with price targets ranging from just $ 67 to as high as $ 150 per share.
UBS analyst David Vogt said that while Apple’s share price has generally outpaced the market in the months after the new iPhone was launched, we believe Apple’s share price has reflected growth since the 5G cycle.
IPhone 5G sales begin, which Apple vendors will benefit?
Wall Street analysts are raising their iPhone market share targets and five Apple vendors are expected to benefit from iPhone 12 5G sales.
The five vendors include Apple’s top iPhone radio frequency (RF) chip vendors, major RF component makers Qorvo (QRVO-US), Skyworks (SWKS-US), Synaptics touch panel chip makers (SYNA -US), Broadcom (AVGO) -US) and TSMC (TSM-US).
[ad_2]
