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Kuo: iPhone 11 Demand and Upcoming Launch of ‘iPhone SE 2’ to Boost Overall iPhone Sales Growth in Q1 2020

kuo:-iphone-11-demand-and-upcoming-launch-of-‘iphone-se-2’-to-boost-overall-iphone-sales-growth-in-q1-2020

Apple will sell around 10 percent more iPhones in the first quarter of 2020, thanks to strong replacement demand for its
iPhone 11 series devices and next year’s launch of the “iPhone SE 2,” claims Apple analyst
Ming-Chi Kuo in his latest research note, seen by MacRumors.

We expect that combined iPhone shipments in 1Q20 will grow around 10% YoY thanks to the iPhone 11’s replacement demand boosted by more affordable prices and iPhone SE2’s shipments starting in 1Q20. We estimate that iPhone shipment in 1Q20 will be 45–50mn units (iPhone 11 Pro series and iPhone 11 to be 13–15 and 22–24mn units, respectively), which is better than around 42mn units of iPhone shipments in 1Q19 (iPhone XS series and iPhone XR to be around 12 and 14mn units,

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