The iPhone supercycle that was supposed to begin this fall, won’t actually start until 2018. There are several reasons for this, according to KGI Securities’ Ming-Chi Kuo (via MacRumors).
According to the analyst, TrueDepth production issues on the upcoming iPhone X won’t be “significantly addressed” until next year. He also thinks next year’s iPhones will enjoy a longer sales period than the handsets Apple unveiled last month.
The market generally refers to 2017 as the super cycle of the iPhone, but we think the real super cycle will be in 2018 for the following reasons: (1) TrueDepth Camera’s production issues will be significantly addressed in 2018F; (2) new models launched in 2018F will enjoy a longer sales period than those unveiled in 2017; and (3) the product mix, specifications and designs of new iPhone models from 2018F will be more competitive. We estimate that for 2017, iPhone shipments will come in at 210-220mn units, which should grow to be 245-255mn units in 2018.
Kuo says once production issues with the iPhone X are resolved, shipments will “pick up strongly” during the first part of next year.
Apple will begin accepting pre-orders for the 5.8-inch iPhone X on Friday, Oct. 27. The new flagship device officially launches one week later on Nov. 3.
Because of the continued iPhone X production issues are you more or less likely to buy a new iPhone this year? Let us know below.
Because of the continued iPhone X production issues are you more or less likely to buy a new iPhone this year? Let us know below.— AppAdvice (@AppAdvice) October 6, 2017