KGI Sees Apple (AAPL) AirPods Shipments Doubling in 2018

November 28, 2017 10:28 AM EST
Get Alerts AAPL Hot Sheet
Price: $179.59 +0.01%

Rating Summary:
    44 Buy, 19 Hold, 6 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 14 | Down: 14 | New: 24
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

KGI analyst Ming-Chi Kuo estimates that shipments of Apple (NASDAQ: AAPL) AirPods will rise around 100% YoY to 26-28 million units in 2018F.

Kuo comments that AirPods is the the most important accessory product in Apple’s wireless ecosystem. With Apple committed to providing the best possible wireless user experience, they see AirPods, which supports phone calls and music listening, as the most important accessory product in Apple’s wireless ecosystem.

"We believe demand for AirPods has been strong, and note that the shipping time of the product on Apple’s official shopping website has shortened to 1-3 days, mainly thanks to an improved assembly process and increased capacity from Luxshare-ICT as the new assembler (the previous sole supplier being Inventec (2356 TT, NT$22.65, OP))," the analsyt commented. "We expect AirPods to remain one of the most popular Apple accessories in 2018, with shipments likely to rise 100% YoY to 26-28mn units next year."

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments