iPhone 11 sales are unlikely to be impressive, according to brokerage firm Rosenblatt Securities, and according to the countless leaks we’ve seen, there isn’t expected to be much of a change from the outside. However, the forecast is hardly surprising, given the fact that the same sentiments have been expressed by analysts before.
Industry Watchers Are More Optimistic About Apple’s Financial Outcome in 2020 When the Company Is Slated to Launch Its 5G-Ready Family
The iPhone 11 series is expected to consist of three handsets, two of which are expected to come with a triple camera system on the back while one is tipped to have a dual-camera setup but will be much cheaper. The camera system will reportedly offer better night photography and more lossless zoom. In addition to that, the phones are also expected to feature reverse wireless charging.
Based on the leaked specifications, it’s not hard to see why iPhone 11 sales are expected to be muted. All of the aforementioned features are already there on phones from Chinese brands and that too at a price which is lower than what the new iPhones will go for. The company is rumored to launch a cheaper iPhone in China but without Face ID. The model, if launched, is expected to be priced near-equivalent to the competition as it will not feature costly components found in the notch.
The iPhone 11 sales are also expected to take a hit because of their lack of 5G support. As a result, Apple loyalists are expected to either sit out this year’s release or go for 5G-enabled products from other brands such as Samsung and the competition. In a previous survey, some participants said that they would be willing to pay upwards of $1200 to get a 5G-ready iPhone.
The sales of Apple’s other products, the AirPods, HomePod, and Apple Watch isn’t expected to contribute significantly to the company’s revenue, and its iPad might also witness a slowdown despite possessing the lion’s share of the market. The growth of the services business is also expected to decelerate, after around six quarters of strong growth.
iPhone sales have apparently stayed flat in the last quarter and looking at analyst estimates, the situation isn’t expected to improve with the new crop of iPhones. However, things might start getting better in 2020, when Apple releases a 5G-ready iPhone. Do you think Apple will have a positive run as far as its iPhone 11 sales are concerned or should we wait for next year for that to happen? Tell us your thoughts down in the comments.
News Source: 9to5Mac