Apple’s trio of iPhones landing this year, as well as the 2019 generation, could help the company reach sales of nearly half a billion units, according to one analyst.
Gene Munster says Cupertino is projected to ship 220 million smartphones this year and another 220 million units in 2019, bringing the overall count to 440 million by December 31, 2019.
High pricing won’t be an issue for customers, the analyst notes, and he estimates that the replacement cycle will continue to be stable.
“If, for example, the entire iPhone base holds onto their phones for an additional 3 months in a given quarter, that would effectively reduce the iPhones sold in that quarter by 18M units or 8%. This could obviously turn a stable business into one that is declining at near double digits,” the analyst explains.
Apple continues to have a loyal user base, and Munster explain… (read more)
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