Rosenblatt Securities said on Monday it believed Apple was developing up to six different “2020 iPhone” models covering product lines such as the Pro, Plus and Max, but reiterated its “sell” rating on the company’s stock. Analysts expect Apple to lose more market share in China, and the legendary “iPhone SE 2” model will not recover from the overall slump.
(From: iPhone, via Apple Insider)
In a lengthy note to investors, Rosenblatt outlined his outlook for the 2020 iPhone model.
Similar to other agency forecasts, the securities firm believes Apple will release the iPhone SE 2 in early 2020 and the iPhone 12 series in the fall.
The iPhone SE 2, which arrives in March next year, or features a 5.1-inch LCD screen with an existing A13 processor, touch ID (instead of Face ID) and 4G LTE network.
Clearly, the main task of the iPhone SE 2 is to help Apple clear some of its old parts. While its price may be welcome, demand is unsustainable in the face of an already diving iPhone 11.
In addition, with the popularity of the 5G network, the 2020 iPhone will have more models available to consumers. Analysts’ forecasts are as follows:
iPhone 12 4G: 6.1-inch LCD screen with rear dual camera;
iPhone 12 Pro 4G: 5.4-inch OLED screen with rear dual camera;
iPhone 12 Pro 5G: 5.4-inch OLED screen with rear dual camera;
iPhone 12 Pro Plus 4G: 6.1-inch OLED display plus rear three-camera (with 3D ToF sensor);
iPhone 12 Pro Plus 5G: 6.1-inch OLED screen with rear three-camera (with 3D ToF sensor);
The iPhone 12 Pro Max 5G: 6.1-inch OLED screen with rear three-camera (with 3D ToF sensor).
If Apple is willing to offer a different derivative version for the 5G segment, the iPhone 12 Pro 5G may also have models that only support less than 6GHz or millimeter waves.
It is reported that the “iPhone 12” internal components and antenna design will also usher in a number of adjustments, and the high-end version may not be available until spring 2021.
Analysts predict that 5G models or about 30 percent more components than 4G models, especially LCP antenna modules.
Broadcom and Murata will get more orders for the Sub 6GHz version, while Qualcomm and Anwar High Tech will get more orders for the mmwave version.
In addition, the wireless charging capabilities of the iPhone 12 may also be upgraded, given the increased power consumption of 5G. As for the specifications of components such as memory, they should be consistent with the current generation.
Finally, a premium for 5G devices may be a major factor in consumer buying. For this reason, Rosenblatt maintains a “sell rating” for Apple shares with a target price as low as $150.
On Monday, APPL was down about 0.4 percent at $269.62 on the Nasdaq.