“Supply-chain reports point to Apple gearing up for double-digit growth in iPhone sales next year, with signs suggesting that a high proportion of iPhone owners will upgrade for 5G.,” Ben Lovejoy writes for 9to5Mac:
Wedbush bases its optimistic view on a mix of factors, starting with early supply-chain signals… There are roughly 900 million iPhone owners at present, and Wedbush believes that more than a third of them are likely to upgrade for 5G next year.
To this point, we believe 200 million units could be the starting point for 5G Apple smartphone demand as roughly 350 million iPhones within the 900 million installed base of Cupertino are currently in the window of an upgrade opportunity.
The analysts say that while they paint a rosier picture than the Wall Street consensus, Apple has already demonstrated an ability to exceed expectations.
MacDailyNews Take: They’ll never be able to make enough! 2020 will usher in a multi-year iPhone super cycle.