Apple CEO Tim Cook announces the new Mac Pro with a cost as high as $6,000 as he delivers the keynote address during the 2019 Apple Worldwide Developer Conference (WWDC) at the San Jose Convention Center on June 03, 2019 in San Jose, California. But the company is focused more than ever on putting consumer services at the forefront of its future success.
Justin Sullivan | Getty Images
Apple’s new iPhones set to hit the market next year could reignite growth in the company’s flagship device, according to a note from J.P. Morgan Chase on Monday.
“Our positive volume outlook for 2020 is driven by our current expectation for the launch of four iPhone models … and more significant spec upgrades,” Samik Chatterjee, an analyst at J.P. Morgan, wrote in the report.
Apple typically releases new iPhones in September, in time for a massive holiday season, and then sees slower sales until the next devices come out the following September. The success of each cycle is driven by many factors, including the number of people with older phones ready to upgrade as well as the overall economic conditions around the world.
But one factor that reliably drives a big iPhone cycle is new features. Chatterjee predicts that there will be several new selling points in 2020, such as organic light-emitting diode (OLED) displays, high-speed modems, and virtual reality features.
From Monday’s note:
“Our expectations include all three Sep-2020 iPhones (5.4″/6.1″/6.7″ screen sizes) will adopt OLED displays and 5G baseband modems (with support for mmWave frequencies), and at least two of the three models adopting world facing 3D Sensing (Time of Flight) driving industry leading AR/VR capabilities which can be leveraged by custom built applications (including games).”
Currently, the iPhone XS and the iPhone XS Max use OLED screens, which have power and image quality advantages, but are more expensive than the LCD screens used on many smartphones, like Apple’s iPhone XR.
Upcoming 5G networks have the…
https://www.cnbc.com/2019/07/08/apples-2020-iphones-could-spark-sales-growth-jpmorgan.html