Apple's iPhone shipments might be worse than initially expected, Wall Street analysts have warned their clients.
According to Sascha Segan, lead analyst for PCMag.com, that's not going to happen.
Meanwhile, KGI Securities analyst Ming Chi Kuo speculates that Apple may launch an iPhone X-inspired entry-level model at $550.
"We are going to do a little flipping here", said Segan. This is significantly lesser than iPhone X, which became the most expensive phone at $1,000.
However, the most notable change would definitely be the removal of the beloved headphone jack. The front of the device will also remain same, the Touch-ID sensor with its same bottom of a speculated 4.2 inch screen placement. Samsung had earlier reduced the production of OLED as one of the suppliers reduced its order during the Q1 2018 but the restarting of the production shows that Apple wants to keep a big amount of stock ahead of the launch of the new devices by Apple. Eight analysts have made estimates for Apple's earnings, with the lowest sales estimate coming in at $60.71 billion and the highest estimate coming in at $61.81 billion.
We will have to wait until the end of this year before we can see what Apple has in store for us from their smartphone department this year but we some reports are saying that we might see something this summer as well. He thinks it will have a faster processor and a cheaper price tag, and the chances of it having iPhone X style features are slim.
However, the specifics of the 2nd generation iPhone SE can't be confirmed as various sources report different findings. But, what we do know is that the device will be an affordable one, much like its predecessor iPhone SE which is now selling for around Rs 17,999 approx in the Indian market. There will be no notches on top of the display, no Face ID technology too. The global smartphone market is contracting.
Apple (NASDAQ:AAPL) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a report issued on Wednesday, April 11th. Now according to the new leaks, Apple is yet again asking the customers to dish out $1,000 for its new iPhones.