Apple (AAPL) Could Delay Some iPhone 5G Launches Into 2021 - Susquehanna
- Wall St ends lower as investors weigh fresh employment data
- U.S. private employers add 103,000 jobs in November - ADP
- Data storage group MongoDB delivers upbeat guidance after Q3 results top estimates
- Stocks slip, 10-year Treasury yield falls as rate cut timing weighed
- A major Wall Street bank is out with S&P 500 forecast for 2024
According to Susquehanna analyst Mehdi Hosseini's checks, Apple (NASDAQ: AAPL) is expected to have two 5G smartphone launches, with sub-6GHz models to be launched in Sep of 2020 while the mmWave launch delayed to Dec/Jan.
"The delay in the launch, according to our checks, stems from Apple's decision to in-source the Antenna-in-Package (AiP) modules instead of purchasing from the 3rd party," the analyst commented.
They now expect Apple to build and ship total of 60m 5G phones in 2H20, with a mix of 52m of sub-6GHz and to be available in Sep timeframe, and 8m of mmWave to be available by Dec/Jan timeframe. They still expect one of the sub-6GHz phones to have LCD display. All in all, they now forecast the mix of OLED display (as % of total iPhone units) to reach 45-50% in 2020, up from 34% in 2019."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple (AAPL) Planning New iPad Air, iPad Pro And Macbook Air Models For Spring Release - Bloomberg
- BofA notes 'promising' signs for Apple (AAPL) as App Store revenue rises
- Active options: AAPL TSLA NIO NVDA AMZN PLTR BABA HOOD
Create E-mail Alert Related CategoriesAnalyst Comments, Rumors, Trader Talk
Related EntitiesSusquehanna International Group of Companies
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!