Apple's slowing iPhone sales will level out in second half of 2022: analyst

Slowing iPhone sales volition level out in second half of 2019: analyst

A year-over-year decline in iPhone shipments is nonetheless expected

iPhone XR Blue and Yellow

The worst could exist over for iPhone sales.

Ming-Chi Kuo, a well-known TF International Securities analyst and frequent source of Apple supply chain-related speculation, says that he expects Apple tree'due south slipping iPhones sales will begin to level out in the second half of 2019.

In Kuo's latest TF International Securities inquiry note, which was first obtained by MacRumors, the analyst states that "the share prices of Apple and near iPhone suppliers are mostly priced in the negative." Kuo estimates that Q4 2019 iPhone shipments will amount somewhere between 36-38 one thousand thousand units instead of his initial estimate of 38-42 million.

Further, Kuo goes on to claim that the "demand for new models in China and emerging markets is lower than expected." With that in heed, he also says that this reject will begin to ease in the second quarter of 2019 as long as the United states-China merchandise state of war does not continue to worsen.

Finally, Kuo says that he expects iPhone shipments to be apartment in the second half of 2019 compared to the second half of 2018. In total, he predicts that Apple tree volition send approximately 188 to 192 million iPhones in 2019. While Kuo believes a year-over-year decline in iPhone shipments will go on, the downturn will soon begin to tedious downwards.

Back in early January, Apple issued a rare earnings guidance revision, lowing its Q1 revenue forecast by $ix billion USD ($12 billion CAD).

The Cupertino, California-based company initially predicted revenue betwixt $89 billion ($121 billion CAD) and $93 billion ($126 billion CAD) for the quarter. Apple now forecasts $84 billion USD ($114 billion CAD) in revenue for the first quarter of 2019

Source: MacRumors