According tomedia reports, Cook’s latest media interview, said 5G will have a new boost to Apple’s products, users will be excited about their new machine. Asked if the 5G version of the iPhone could really impress consumers, Mr Cook did not answer directly, but indirectly said there was a difference in the new opportunities, enough to attract and pay for them, and he revealed that the upcoming line of new products would also excite users.
Mr Cook also declined to comment on another question about 5G demand and low-cost iPhone demand and how it will affect Apple’s future iPhone product plans. Overall, he says, it’s important to deploy 5G networks globally. He also said he would not comment on unannounced phone prices.
In fact, this isn’t the first time Cook has hinted that the new iPhone is exciting, and in a previous interview he said that the next new iPhone would be wonderful and worth the wait, while in Cook’s view, Apple launched its first smartphone in 2007, just 12 years ago. Their smartphone business, which is far from peaking, has much to tap into.
In its first-quarter results for fiscal 2020, Apple reported net revenue of $91.819 billion, up 9 percent from $84.31 billion a year earlier and the latest in the company’s history, and net profit of $22.236 billion, up 11 percent from $19.965 billion a year earlier.
Behind the record high in revenue and profits is Apple’s recovery in China, where they posted strong results in the quarter, with double-digit iPhone sales. In Greater China, Apple reported revenue growth back to $13.58 billion in 2020, up from $13.17 billion last year. This equates to an increase of 3.1% year-on-year.
In the first quarter of 2020, revenue from China accounted for 14.8% of Apple’s total revenue. In response, Tim Cook also pointed out that Apple’s iPhone sales in mainland China had grown by double digits, and that Apple had taken three of the top four best-selling phones in the region.
Apple closed at $317.69 in New York, compared with $156 on January 28, 2019, or 103 percent in a year.
“The performance of the quarter has been amazing,” Mr Cook said. Asked why the iPhone was growing so fast, Cook said: “Consumers like longer battery life, better cameras, better industrial design, and then the price is satisfying.” “
It is now widely believed that 2020 will be a bumper year for Apple, with the iPhone 9 for emerging markets, in addition to the iPhone 11 continuing to sell, and for the 5G handset space, Cook has not been slow to prepare at least four models, covering high-end gear. This will give Android manufacturers a lot of resistance.
Prior to that, Mr. Guo’s report said the five new iPhones this year include the 4.7-inch LCD model (iPhone 9 or iPhone SE2) in the first half, the 5.4-inch and 6.1-inch OLED rear dual models in the second half (iPhone 12 series), 6.1-inch and 6.7-inch OLED rear three-camera models (iPhone 12 Pro Series).
With the release and launch of these new machines, the overall iPhone shipments this year are expected to pass the 200 million units mark, while the 5G handset market share, is expected to enter the world’s top three.