Analyst Ming-Chi Kuo believes that Apple will sell 10% more iPhones in Q1 2020 due to the launch of the iPhone SE 2 and the strong demand for the iPhone 11 series.
For Q4 2019, Kuo expects Apple to ship 70-75 million units of the iPhone 11 series. The number could have been higher if not for supply constraints. Out of this, the analyst believes that the iPhone 11 Pro series will account for around 40 million units. If this indeed turns out to be true, it would be slightly lower than the 43 million iPhone XS units Apple had shipped last year during the same timeframe. However, the lower shipment number is being attributed to supply constraints.
As for the iPhone 11, Kuo expects Apple to ship around 37-40 million units for 2019. That’s a major jump from the estimated 25 million units of the iPhone XR that Apple had shipped in 2018. But then, the iPhone XR went on sale towards the end of October while the iPhone 11 went on sale in the first half of September itself. The slightly lower price tag of the iPhone 11 is also another major reason for its success.
The strong demand for the new iPhones has led Apple to increase its orders to some of its suppliers. A similar piece of news was reported last week which claimed that Apple had increased the iPhone 11 production by around 8 million units following strong demand.
The latest note from Kuo once again expects Apple to launch the iPhone SE 2 in Q1 2020. He had previously predicted that the phone will look similar to the iPhone 8 and pack an A13 Bionic chip along with an improved camera.
It does look like there is a strong demand for the iPhone 11 series as almost all analysts are raising their estimates for the iPhone shipments for the quarter. It looks like the slightly refreshed design, improved camera, and battery life seems to have done the trick for Apple in attracting new consumers.[Via 9to5Mac]