Critics dismissed the iPhone 11 as boring ahead of its release. But, according to renowned Apple analyst TF Securities’ Ming-Chi Kuo, the much-praised handsets could give Apple a nice sales boost to start 2020.
Kuo is expecting big things from the much-anticipated iPhone SE 2 as well.
For the holiday quarter, Ming-Chi Kuo expects shipments of the iPhone 11 and iPhone 11 Pro to hit around 70-75 million units. He thinks these numbers could have been even higher had there not been supply constraints.
For the first quarter of 2020, Kuo thinks Apple will see a 10% boost in iPhone sales. This is a combination of people upgrading to the iPhone 11 and also those wanting to buy the iPhone SE 2.
The biggest of the iPhone 11 line is likely to be the iPhone 11 itself. (As opposed to either of the pricier Pro models.) Ming-Chi Kuo thinks that there will be around 37-40 million iPhone 11 shipments for iPhone 11. By comparison, last year’s cheapest model the iPhone XR shipped around 25 million units.
The increase would likely be explained by lower prices and also an extra month of sales. That’s because last year’s iPhone XR did not ship until late October. This year, all three new iPhone models launched at the same time.
Ming-Chi Kuo: New iPhone SE in 2020
Kuo recently predicted that Apple will launch an iPhone SE 2 model in early 2020. It will reportedly ditch the iPhone 5 design for one physically identical to iPhone 8, boasting a 4.7-inch Retina HD display. Ming-Chi Kuo expect it to sell 30-40 million units next year.
If Apple is able to increase iPhone sales in 2020 that would be impressive. Since we’ll be waiting until next year’s refresh to get the first 5G iPhones, some pundits assumed most people would wait to upgrade. But the iPhone 11 and 11 Pro have clearly impressed a lot more than some predicted. Hey, there’s a reason Apple recently passed the $1 trillion market cap again!