With all kinds of doomsday predictions for iPhones and Apple Inc, there is at least one source that seems to feel all is not over for the Steve Jobs founded tech giant. In fact, according to the redoubtable Ming-Chi Kuo, who appears to know quite a lot about Apple, the company will recover some part of the territory it lost in 2018 in terms of iPhone sales this year. He feels the worst will be over in the near future for the company.
Some Steps Being Initiated Now Will Bear Fruit
As already reported, Apple has launched some fire-fighting actions to arrest the slide. One of them was the offer of price-offs ranging from $100 to $200. This must have definitely been received well by the market. This has been supplemented by the twin offer of monthly payments scheme and the trade-in program through the offline stores. Apple has kept this offer open-ended in the US while in the other markets, it ends soon. One imponderable situation could be the fluid trade relations between the US and China. Apple gets affected in both markets due to this since its devices are manufactured in China and brought to the US and sold.
Ming-Chi Kuo Quotes Some Hard Numbers
The comments by Ming-Chi Kuo have appeared in a research paper, in which he goes on to quote the iPhone sales in numbers. In his opinion and estimation, Apple may end up shipping 188 to 192 million pieces of the different models of iPhones in the year 2019. This is higher than what the rest of the analysts place as the projected sales numbers for this year, which is less than 180 million.
Moving ahead, this figure is being broken down into quarterly figures and here the estimate is that there will be a dip in the first quarter of 2019. But the best period of the Cupertino headquartered company will come in the third and fourth quarter of 2019. Of course, the company will be launching its new versions of iPhones in fall and that should spur the sales growth further. Apple’s team will be working on what new features on the devices could get them a big push they desperately need to put the worse days behind. One more expectation is that whatever volumes the company may drop in markets in China and other Asian countries may be made up through iPhone sales in Europe. These are educated guesses at best.