Ming-Chi Kuo: “iPhone sales will increase by 10 percent in the first quarter of 2020 compared to the previous year.”
TF Securities analyst Ming-Chi Kuo,famous for his accurate predictions about Apple, made a new prediction about iPhone sales. Underlining that the iPhone 11 family is in high demand, Ming-Chi Kuo announced that Applecould sell 10 percent more iPhones in the first quarter of 2020 than the previous year.
Ming-Chi Kuo said that the iPhone SE 2 could be introduced in the first quarter of 2020, adding that the increase in iPhone sales could increase with the introduction of this model. Kuo also made important statements for the Us holiday season, during which he announced that Apple would sell a total of 70-75 million iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max models.
According to ming-Chi Kuo, Apple is very pleased with the high demand for the iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max models. Apple, which expects iPhone sales to increase in the first quarter of 2020, has already warned its suppliers to keep sales from disrupting.
Ming-Chi Kuo estimates that Apple will sell 40 million iPhone 11 Pro and iPhone 11 Pro Max just before 2020. Let’s also note that this forecast is lower than the previous year’s sales. Apple sold 43 million iPhone XS and iPhone XS Max in the same period last year. The reason for this decline is the delays of 2-3 weeks on shipments on the iPhone 11 Pro and Pro Max models.
Kuo also said that he thought the iPhone 11 would be more successful than the iPhone XR, and that the iPhone XR sold 25 million units in 2018, while the iPhone 11 sold 37 to 40 million units in the same period of 2019. he said he could sell it.