KGI predicts massive iPhone 8 upgrade cycle, 4.7″ model to feature wireless charging

By , Nov 29, 2016

iPhone 7 Plus Piano Black AppleArab concept 004

KGI Securities analyst Ming-Chi Kuo issued a note to clients this morning, a copy of which was obtained by MacRumors, predicting record 150 million iPhone sales in the second half of 2017. A 4.7-inch iPhone 8 with an LCD screen and glass casing should feature wireless charging, he wrote.

“Unprecedented replacement demand” will, of course, be led by a rumored high-end iPhone 8 model with brand new industrial design, power-saving OLED display technology and other “notably superior specifications” from the “less exciting” 4.7 and 5.5-inch LCD iPhones.

An excerpt from Kuo’s note to clients:

Our rationale is as follows: (1) the OLED model may trigger replacement demand among high-end users given its completely all-new-design form factor and notably superior specs in comparison to the TFT-LCD models; and (2) the new 4.7-inch iPhone, featuring glass casing and wireless charging, looks well positioned to tap replacement demand at the entry level.

Pegatron will exclusively assemble the 4.7-inch device and build its wireless charger, reads the note which makes no mention of the 5.5-inch iPhone 8 model.

Kuo, along with other analysts, basically expects three new iPhones next year: the premium OLED-based iPhone with a wraparound display and 4.7 and 5.5-inch models that will switch from metal to glass and have the traditional TFT LCD panels.

Assuming his prediction of 120-150 million iPhone sales in second half of 2017 holds true, the Cupertino company may beat the previous launch record of 110-120 million units held by the iPhone 6, which remains Apple’s best-selling handset model ever.

Source: MacRumors

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  • h4nd0fg0d

    No 5.5 OLED, I’ll pass.

    • askep3

      Pretty sure there’s a 5.5 OLED, and then the regular 5.5 and 4.7.

      • Diego Milano

        Yeah, I just hope they don’t start creating fragmentation or too much diversity due to this (diversity is good, but too many models isn’t).

      • h4nd0fg0d

        Article implies only 4.7 premium model per wording. I sincerely hope you are correct about the 5.5.

      • Julio Hernandez

        There’s been other articles that say there will be a premium 5.5 inch model. Don’t worry it’s still there.

  • Diego Milano

    The iPhone 8 will definitely shake the ground!
    Add real waterproof and an enhanced display panel (call it OLED or micro-LED or whatever they have in the works), far better than what the iPhone 7 release was. Hopefully the iPhone sales decline taught them a lesson at last. 🙂

    • Rowan09

      The only thing that stayed the same on the iPhone 7 was the design and screen, everything else changed.

      • burge

        So everything is the camera, home button and headphone jack. Or did I miss something. That’s a big change right there. Not.

      • 5723alex .

        No, you have missed nothing, except new body, new home button, new screen, new camera/double camera, new quad core CPU, new GPU, new all other internals:.memory, radios, storage…

      • Fanboy 

        And he forgot the new dual speaker system, water resistance (really water PROOF as proved by videos), along with every other feature you mentioned. But no, everything stayed “the same”

      • burge

        Not apple hater at all. I’ve had every S device and the 6 and now the 7, iPads and macs and TVs.

        The device is no better than a 6s in general usage and what it brings to the table. If you put the device in a case the only difference you’ll see is the home button. And I have to say if you believe what apple tell you that is a whole new device well that covers every new Mobile phone that gets an update model . The 7 is not the great device that Apple claims it is, it’s just a jumped up 6s. Apple have not given its product the update it needed or deserved.

        And just to add I love my Apple products but I can see Apple failed with the 7.

      • Diego Milano

        The design did change though, just not dramatically. There is always change with every iteration, that’s trivial. What isn’t trivial here and the point is the changes weren’t good enough. The most groundbreaking technology they introduced was dual-cameras and that’s about it, the rest are enhancements, but improvements aren’t good enough to justify an upgrade for someone that already owns recent hardware (like myself).
        The iPhone 8 on the other hand will introduce NEW functionality and not just incremental improvements.

      • Shadowelite123

        I think he meant the design of the base rather than aesthetically like how they changed the antenna bands. That’s hardly a significant change and it’s often dismissed as nothing more than aesthetics. A significant change nowadays is perceived as a change in the actual basemold such as the change from the 5S to the 6 where a block- ish design shifted to a curved design. That’s mainly why no one even noticed the change in the Samsung S line models from the S6 to the S7 where they removed the flat glass back to a curved one.

      • burge

        Someone who knows what change means.

      • Rowan09

        Changing the exterior doesn’t mean the device is a drastic change either. The iPhone 7 is the biggest upgrade ever. If they changed the appearance and added a 2k screen you wouldn’t even make this argument.

      • burge

        But they didn’t. So no point in what ifs.

        The only good points about the 7 are the starting point of 32Gb and of cause the 256Gb.
        Apple could of made the device a faction bit thicker and put a longer lasting battery in it. And this would of allowed the 7 to have the 7+ cameras. No one would of said no to a longer lasting battery at the expense of a thicker device.

        Every new device is the biggest update to the iPhone ever. Because it is at the time so that’s why Apple say this.

      • Diego Milano

        Ha, damn right about those antennas, and yet you can’t just disregard aesthetics because the iPhone has always been the paramount of aesthetics and design, at least undeniably historically, but since they are not alone in the race now (seriously, Samsung has some really nice gadgets out there), they need to get things right.
        As mentioned earlier, sales weren’t as strong this year, even with a oh-so-super-cool-dual-camera iPhone and what not; Apple needs to address this not just for their customers but also for their investors who most likely were not happy with the results (whether we – the end users – care or not). 😉

      • Rowan09

        You can make an argument over why upgrade from the 6/6+ but that doesn’t mean it’s justified. People for the most part care more for aesthetics and I’m not sure what new functionality besides (wireless charging)
        is going to be on the iPhone 8. Don’t get me wrong, I’m getting it but if they kept a similar form factor and included the new features people would complain it’s the same phone.

      • Diego Milano

        Well, you have a valid point that people like to complain but believe me, I’m not one of those.

  • 5723alex .

    Ming-Chi Kuo was never right. I’m sure his clients regard his emails as spam for long now.

  • n0ahcruz3

    And the airpod is still nowhere to be found lol who would use siri just to skip a damn song