The days of massive year-on-year growth in iPhone sales are over for now, at least according to one analyst forecasting Apple’s iPhone 11 orders.
According to analysts at Cowen, Apple’s iPhone 11 orders are roughly in line with those for last year’s iPhone refresh. Cowen thinks that Apple will build 65 million iPhones for Q4, representing “flat” growth. That means the “super-cycle” mass upgrade will likely have to wait until 2020.