Apple Will Not Upgrade Original iPhone SE In 1Q; Cupertino Short Of ‘Resources’ Believes Kuo
Apple’s iPhone 6 lineup made balance sheets happy. The larger device encouraged switchers from Android, amidst structural problems. At the time, the switch to larger displays was a long awaited move, but Cupertino needed to compete with Samsung’s Galaxy Note 8. Now, KGI’s Ming-Chi Kuo believes under 4″ displays are done for at Apple. In a direct response to recent claims, he believes that Apple’s run short of cash.
Ming-Chi Kuo Claims Apple Invested Too Much In The iPhone X; Believes It Will Focus Only On Larger Smartphones For 2018
Today’s note by the analyst comes in lieu of Apple moving cash back to the United States. Mr. Kuo of KGI securities is the public’s analyst, with research notes well publicized. He’s back today, with disappointing news. If you bought the iPhone SE over the last two years, expect Cupertino to finally force iOS on a larger screen for you. The SE title will transfer to the iPhone X, a non-OLED, 6.1″ smartphone, starting at $800.
And, Kuo’s on fire. Today, we’ve got another detail from KGI’s latest research note. This one, explains corporate reasons behind the matter. Of course, keep in mind that Apple’s 2018 iPhone lineup will launch in September, so there really isn’t any hurry to discuss its products. Face ID is with us and Apple’s bid fingerprint recognition farewell. Also left out are details on what to expect from the A12. Cupertino scored home run last year with the chip’s predecessor.
According to Kuo, “With three new models in the pipeline for the second half of 2018, we believe Apple may have used up its development resources. . . . [the company] is unlikely to have enough spare resources to develop a new iPhone model for launch in 2Q18.” Of course, what these are will confirm once the balance sheet is out. Supply chain reports for the iPhone X aren’t good and maybe there’s fear of cannibalization in Infinite Loop.
Manufacturing OLEDs is expensive, and Apple’s supply chain will increase this year. Speaking of which, the Galaxy S9 is due next month. Apple’s iPhone X received its fair share of media attention, so all eyes on Seoul. For iOS, the upcoming iPad launches will set the pace. Unless Cupertino’s development resources completely deplete. Expect independence from Imgtech play an important role. Thoughts? Let us know what you think in the comments section and stay tuned. We’ll keep you updated on the latest.