Ming Chi Kuo Predicts Decline in Apple iPhone 15 and 16 Shipments for 2024

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Tech News Summary:

  1. Famed analyst Ming-Chi Kuo predicts a 10-15% decline in iPhone 15 and upcoming iPhone 16 shipments for 2024, based on a supply chain survey and reduced orders for semiconductor components.
  2. This decline is attributed to structural factors such as a shift in high-end mobile phone design trends towards AI integration and foldable devices, as well as a decline in shipments in the Chinese market.
  3. Apple may not release new iPhone models with significant design changes and a more complete GenAI ecosystem until 2025, impacting their shipment momentum and ecosystem growth, while Samsung is capitalizing on strong demand for the Galaxy S24 series.

According to noted analyst Ming Chi Kuo, known for his accurate predictions about Apple products, shipments of the iPhone 15 and 16 are expected to decline in 2024. Kuo’s latest research note suggests a significant drop in demand for the upcoming iPhone models.

Kuo, who has a strong track record in forecasting Apple’s product releases and sales performance, has indicated that the iPhone 15 and 16 may not meet the same level of success as their predecessors. He cites market saturation and the lack of major innovations as contributing factors to the anticipated decline in shipments.

This prediction comes as a surprise to many, as Apple has been a dominating force in the smartphone industry for years. However, Kuo believes that the tech giant will face challenges in maintaining its momentum with the upcoming iPhone models.

It is worth noting that Kuo’s forecasts are based on his analysis of the supply chain and consumer trends, and may not necessarily reflect the actual sales performance of the iPhone 15 and 16. Nonetheless, his insights are closely watched by industry analysts and investors for clues about Apple’s future prospects.

As the launch of the iPhone 15 and 16 approaches, all eyes will be on Apple to see how the company responds to the potential decline in shipments predicted by Ming Chi Kuo. This development could have significant implications for both Apple and the broader smartphone market.

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