JP Morgan, one of the leading investment banks in the world, is revising its build plan mix for the iPhone series touted to be launched this year. JP Morgan has also predicted higher numbers as far as the production of the iPhone 13 lineup is concerned.
In a note addressed to its investors, William Yang, supply chain analyst at JP Morgan, presented a modified version of the predictions he had earlier made for the current iPhone 12 series and next-generation iPhone models that are expected to be launched sometime in the last quarter of this year.
Yang predicts that around 56 million units of the iPhone 12 will be manufactured in the first and second quarters of this year. As far as the iPhone 12 Pro is concerned, he states 41 million units of the device could be expected to arrive in the market.
However, the analyst has had another look at the mix of iPhone models and taken into account a much higher percentage of iPhone 12 Pro Max devices. He has also included larger numbers of iPhone 11 and iPhone 12 Pro devices. Yang has revised the build numbers of the iPhone 12 Pro Max, iPhone 12 Pro, and iPhone by 11 million units, 2 million units, and 8 million units respectively.
Yang has also revised the build number expectations for the iPhone 12 and iPhone 12 mini by 9 million and 11 million respectively. The analyst has stated that owing to the steady fall in the demand for the iPhone 12 mini, Apple might discontinue its production by the second quarter of 2021.
According to Yang’s prediction, Apple will come up with as many as four new devices in the second half of this year. All four devices will feature a smaller-sized notch size, improvements in the camera, and long-lasting battery life. Yang states that Apple is working towards delivering 80-90 million units out of its production units. If that really happens, the number would be much higher than 76 million units of the iPhone 12 that it produced in the second half of 2020.
Contrary to the prevailing buzz in the trade, Yang asserts that a new model of iPhone SE won’t be launched in 2021. According to him, the supply chain at Apple is working towards developing an iPhone SE 3 that will be out in the market in the first half of 2022. The design of the device is expected to be similar to its predecessor but it should have an upgraded processor.
Yang also hints at the possibility of a new budgeted, small-form-factor smartphone from Apple, given the fact the iPhone 11 continues to be very popular.