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Home > Tech News > Analysts predict that iPhone 12 will bring a wave of upgrades
Analysts predict that iPhone 12 will bring a wave of upgrades

Analysts predict that iPhone 12 will bring a wave of upgrades

By  Everett Wilkens 2020-03-09 845 15

[gearbest News] according to foreign media 9to5Mac, Wedbush analyst Dan Ives continues to be bullish on Apple stock. The analyst, who has a target price of $400 for the stock, firmly believes that this year's iPhone upgrade rate will have a "supercycle".

"In the past few weeks, the supply and demand of the Apple ecosystem in China has been affected by exogenous shocks such as the new crown epidemic, but we think this will be short-lived, with a long cycle of 5G super demand in the next 12 to 18 months," he wrote. "it's still the key to our bullish Apple bull market."

IPhone will usher in 5G.

Of Apple's more than 900m iPhone customers, about 350 million are in the "window of opportunity". Apple is expected to launch a new iPhone line this fall, including four new models with 5G connectivity. The diversity of iPhone product lines and consumer demand for 5G may be the main drivers of iPhone demand growth. Dan Ives predicts that Apple will sell 200m to 215 million units by the fiscal year of September 2021.

IPhone sales will be affected by the epidemic.

But analysts' forecasts for iPhone sales may still be relatively optimistic, as the new crown epidemic is wreaking havoc around the world, and even if supply and demand in China recover soon, the situation will be hard to improve. As an important part of Apple's supply chain, Japan and South Korea seem to be in the quagmire of fighting the epidemic.

In short, regardless of sales, with the help of 5G and Apple Ecology, the iPhone 12 is bound to be a major breakthrough in experience. Do not know this time iPhone 12 can still smell good, if still 5499 yuan, then everyone's iPhone ready to upgrade?

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