Apple (AAPL) May Scrap iPhone Mini Next Year, New Lineup to Focus on Camera Quality, Says Top Analyst

April 16, 2021 6:21 AM EDT
Get Alerts AAPL Hot Sheet
Price: $129.74 +1.28%

Rating Summary:
    44 Buy, 20 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 28 | Down: 11 | New: 10
Trade Now! 
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

TFI analyst Ming-Chi Kuo, who is regarded as one of the most reliable analysts on Apple (NASDAQ: AAPL), believes the Cupertino-based tech titan may not make iPhone mini next year.

Following numerous research reports that show Apple is experiencing weak demand for Minis, Kuo expects 2022 iPhones to arrive in four different models with significantly improved cameras.

New iPhones are likely to come in two sizes - a 6.7-inch model and a 6.1-inch phone - with both coming in two versions - a stronger and weaker performance. This would mean that AAPL is scraping its cheapest device iPhone Mini.

A new iPhone lineup is likely to focus on improving camera quality, analyst says. He noted that a new image sensor will be provided by Sony that can output video at 8k resolution and take 48-megapixel photos.

“We believe that the camera quality of the new 2H22 iPhone will elevate mobile phone camera photography to a new level,” Kuo wrote.

Going forward, Kuo believes that AAPL will release a headset computer for augmented reality and virtual reality applications, a device equipped with 15 cameras.

Apple is due to report its quarterly earnings on April 28.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Rumors

Related Entities