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The most recent provide chain survey from analyst Ming-Chi Kuo means that Apple isn’t so optimistic about its iPhone shipments in 2024. A lot in order that Apple has lowered its upstream of semiconductor elements with suppliers by as much as 15%. In line with Kuo, Apple will see a 10-15% decline in shipments for its iPhone 15 and upcoming iPhone 16 sequence in comparison with shipments numbers for 2023.
Apple can be dealing with slumping gross sales in China, the place weekly shipments have been declining by 30-40% on a yearly foundation. Kuo additionally states that foldable telephones and generative AI options are key promoting factors for high-end customers in China and Apple at the moment doesn’t supply both which is a serious disadvantage. Wanting forward Kuo believes that Apple is not going to convey any main design modifications or generative AI options on its iPhones till 2025 which can possible droop its cargo momentum even additional.
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