Apple expecting to see 10% boost in iPhone sales during 2020 due to added 5G support
Apple is expecting to see a 10% boost in iPhone sales during 2020, according to analysts who suggest added 5G cellular capabilities on the iPhone 12 will spur an iPhone “supercycle” which will see many current iPhone users upgrade to the latest models.
Reports claim Apple will release at least five new iPhone models in 2020, all of which are expected to feature 5G cellular connectivity. Investment research firm Wedbush says “We believe iPhone 11 is just the front end of this current “supercycle” for Cupertino with a slate of 5G smartphones set to be unveiled in September that will open up the floodgates on iPhone upgrades across the board.”
“Initial 2020 builds, our supplier checks indicate a double digit increase for expectations for overall units (10%+ y/y) as the early views of 5G phones coming out next September appear to be very robust from suppliers.”