Global iPhone sales are expected to grow by more than 10% in 2020

One Apple analyst believes Wall Street is underestimating the prospects for the iPhone in 2020 and beyond.

Wedbush analysts base their optimism on a variety of factors, starting with early supply chain signals.

Looking ahead, after wrapping up their recent tech trip to Asia, Wedbush analysts believe that underlying demand for the iPhone remains well above Wall Street expectations for fiscal 2020, with 185 million/190 million units being the bottom line for Apple to achieve positive growth.

Apple will adopt a new phone release model of twice a year next year, and the latest one to debut is the iPhone SE2, followed by a batch of 5G phones.

According to the latest news from the industry chain, the iPhone 12 series that Apple is building will include four models, all of which support 5G networks, and the screen sizes included are 5.8 inches, 6.1 inches, 6.1 inches and 6.7 inches.

In addition, there are reports that next year's new iPhones will be equipped with A14 processors, one of which will be a 5.4-inch version, the other two will be 6.1-inch versions, and the last will be a 6.7-inch version. They all support 5G and IP68 waterproof and other functions.

The high-end iPhone 12 series’ rear triple cameras will also be adjusted, with the pixels upgraded to 16 million pixels. ToF will also be provided. The addition of this lens will make Apple’s AR layout smoother.

Judging from the information that has been exposed so far, at least five new versions of the iPhone will be launched in 2020.

According to well-known analyst Ming-Chi Kuo, although the new iPhone has joined the 5G network, for the sake of market share, Apple will not increase their prices too much, and it will transfer the costs to the industrial chain.

There are currently about 900 million iPhone users, and Wedbush believes that more than a third of them will upgrade to 5G next year.

“At this point, Wedbush analysts believe that 200 million units may only be the starting point to meet demand for 5G Apple smartphones, as a total of 350 million iPhones out of a user base of 900 million have the opportunity to be upgraded.

Source: Sina US Stocks