BlueFin Research has disclosed in its latest investor note that the Cupertino tech giant Apple will stop manufacturing the current flagship smartphone iPhone SE and iPhone X this year. The reason behind to take the major decision as Apple wants to focus on upcoming Apple iPhone models namely iPhone 9, iPhone 11, and the iPhone 11 Plus devices.
According to the recent research note, it seems that there will be a large amount of unusually strong demand during this year for the upcoming Apple iPhone variants, as for the absence of upgradation in the past few years. Analysts forecasted that Apple would produce nearly 91 million units of 2018 Apple iPhone models in the third and fourth quarters of 2018.
Further, the company would enhance its production capacity by manufacturing 92 million units of new iPhone models in the first and second quarters of 2019 and that this time sudden increment would be larger than normal cycles, says analyst.
It is anticipated that the Apple would manufacture 28 million units of the iPhone 9, 11 and 11 Plus in the third quarter of 2018 which is obviously higher than the previous estimation i.e., 24 million units. Additionally, 63 million units in the fourth quarter of 2018, 46 million units in the first quarter of a new year and 46 million in the second quarter of 2019.
All of the aforementioned figures are higher than the previous expectations.
It is speculated that the company would sell 20 million units in Q3 2018, 60 million units in Q4 2018, 45 million units in Q1 2019 and 40 million units in Q2 2019. Further, an analyst pointed out that iPhone X users who complain that the display of iPhone X is too small will get happy with the iPhone 11 Plus, whereas the iPhone 9 will be available for purchase at an affordable price.
An analyst further stated that Apple iPhone 8 models will also be available in lesser number in the market, whereas the iPhone X and iPhone SE won’t be available for purchase in the market in the third quarter of 2018.