KGI Securities analyst Ming-Chi Kuo is out with a new report to clients Tuesday, a copy of which was obtained by MacRumors, that lays out his predictions for Apple’s 2017 iPhone refresh. The analyst is calling for a trio of new iPhones next fall, two of which should be upgraded versions of the current models with classic TFT-LCD screens.
As for a third model, it will boast all-new industrial design and utilize power-sipping organic light-emitting diode (OLED) display technology, according to the analyst’s note.
Shortly following the iPhone 7 launch in September 2016, KGI Securities analyst Ming-Chi Kuo predicted fewer iPhone 7 sales than the iPhone 6s garnered in 2015. In a new note issued to clients today, a copy of which was obtained by MacRumors, the analyst reiterated his belief that iPhone demand has peaked for the year due to a lack of significant improvements.
He is now forecasting a drop in unit shipments in November and December from five to fifteen percent based on supply checks and greater iPhone 7 stock availability.
KGI Securities analyst Ming-Chi Kuo is predicting iPhone sales will drop in the first quarter of 2017 because he is not expecting a refreshed iPhone SE model that could perhaps reinvigorate demand during the slow post-holiday quarter.
Kuo’s note to investors Friday says Apple’s been putting pressure on component makers to reduce prices in order to protect its high gross margins that are the envy of the industry.
KGI Securities’ Ming-Chi Kuo says he expects 2017 to be a solid year for Apple’s MacBook Pro line. The reliable Apple analyst issued a note to investors on Monday, saying that he believes Apple will introduce price cuts for the MacBook Pro, as well as internal upgrades with support for up to 32GB of RAM.
The note comes less than a week after Apple introduced its all-new MacBook Pro with Touch Bar and Touch ID at a media event in Cupertino. The laptop has been met with a fair amount of criticism over its high price tag—the 13-inch model is up $500 over its predecessor—and lower-than-expected specs.
According to revered Apple analyst Ming-Chi Kuo of KGI Securities, Apple’s media event next Thursday will serve as a launchpad for a long-awaited update to the aging MacBook Pro notebook lineup, which will see “many” noteworthy upgrades.
Apple will also announce a brand new model of the new MacBook with a screen measuring thirteen inches diagonally, Kuo wrote in a note to clients.
Some observers think this machine is actually a thirteen-inch MacBook Air with new USB-C ports. As you know, the current Retina MacBook has a 12-inch Retina display.
Next-generation iMacs, as well as a rumored 5K resolution display won’t be unveiled at the event because they’re apparently not ready yet.
Global Note 7 recall and discontinuation could prove to be a blessing to Apple, helping the Cupertino firm boost iPhone sales by five to seven million units, according to KGI Securities analyst Ming-Chi Kuo.
In a note to clients this morning, a copy of which was obtained by MacRumors, the analyst speculates that Apple and Chinese Android manufacturer Huawei could be the primary beneficiaries of the Note 7 discontinuation, with Apple potentially seeing an influx of orders for the iPhone 7 Plus due to its dual-camera system.
Back in April, KGI Securities analyst Ming-Chi Kuo predicted that the Tenth Anniversary iPhone would undergo significant design changes, ditching the LCD screen and unibody aluminum casing for an all-glass enclosure and a wraparound AMOLED panel protected by curved 2.5 glass cover on the front.
In a new report issued to clients today, a copy of which was obtained by AppleInsider, Kuo says that there is “increasing likelihood” that all 2017 iPhones will have all-glass front and back, with a high-end iPhone 8 model adopting a stainless steel metal frame rather than aluminum.
The CEO of Pegatron, a Taiwanese contract manufacturer that assembles Apple handsets along with Foxconn, told Nikkei Asian Review he remained “cautiously optimistic” about iPhone 7 sales.
His comment targets a recent analyst report from KGI Securities’ Ming-Chi Kuo predicting fewer iPhone 7 sales in 2016 than the iPhone 6s garnered in 2015. Analyst firm Piper Jaffray, too, downplayed Kuo’s negative report in an interview with AppleInsider, saying it’s seeing similarities to the monster iPhone 6 upgrade cycle.
Despite Note 7 fires and carriers suggesting iPhone 7 sellouts, top Apple analyst Ming-Chi Kuo of KGI Securities isn’t entirely convinced that strong consumer demand will offset slowing shipments. In a note to clients obtained by AppleInsider, Kuo predicted 70-75 million iPhone 7 sales in 2016—lower than that of the iPhone 6s in 2015.
Kuo cautions that strong iPhone 7 sales are not “not entirely due to market demand” because carrier promotions inflated sales numbers and a larger amount of launch countries led to depleted inventories worldwide.
A lot has been said about Apple’s various services like the iTunes and App Stores, Apple Pay, Apple Music, Apple Care and others now making more money than its Mac business. In the June quarter, for example, the Services category shot up 20 percent year-over-year, raking in nearly $6 billion in quarterly revenue and making Services the second largest part of Apple’s revenue overall.
Services allow Apple to generate a steady stream of revenue from existing devices, leading Asymco analyst Horace Dediu to estimate in an interview with The Financial Times that, including hardware and software, existing Apple customers currently spend around $1 per day.
The next iPhone, which sources in China think could be marketed as ‘iPhone 6SE’ to reflect its iterative nature, may ship with a Lightning-to-audio dongle and still end up selling better than the current-generation iPhone 6s, which hasn’t quite lived up to Apple’s internal expectations.
That’s according to a Deutsche Bank research note issued to clients last week, a copy of which was obtained by Business Insider. The investment bankers also shared their predictions for the next iPhone’s features, based on their supply checks.
In May 2013, Apple offered industry analyst Michael Gartenberg to join its marketing team under the leadership of Phil Schiller, Senior Vice President of Worldwide Marketing.
He took the job without hesitation and lasted nearly three years on it before resigning in December 2015. Gartenberg, who is currently with iMore, maintains that “Apple is probably one of the best places in the world to work” and tells a little anecdote that highlights how far Apple’s attention to detail goes.