Apple’s iPhone 15 series launch could be delayed by “several weeks”, according to Bank of America global securities analyst Vamsi Mohan, pushing the company’s next-generation smartphone debut outside the usual September deadline. pushed.
Mohan shared his prediction in a research note received Baron After channel checking in Apple’s supply chain. Mohan said it looks like the launch could slip to the fourth quarter, which runs from October to December, and he worries that the third-quarter outlook will disappoint Wall Street analysts because of a possible recession.
Mohan now sees quarterly revenue of $87.1 billion in September, well below the consensus of $91.6 billion, even with a 2.5% decline in the quarter from favorable exchange rates. The analyst said he expected 48 million iPhone units in the September quarter, falling short of the Street’s consensus estimate of 51 million.
Mohan, who regularly attends Apple earnings calls, didn’t give any reasons for delaying the ‘iPhone 15’ projected launch, and there are no other indicators from other sources to suggest that Apple’s next flagship ‘iPhone’ lineup may not arrive in September, so his prediction should be taken with caution.
Last year, Apple announced the iPhone 14 series on 7 September. The iPhone 14, iPhone 14 Pro and Pro Max went on sale on September 16, but the iPhone 14 Plus was not launched until October 7, reportedly due to production halts due to the Chinese lockdown on manufacturing sites.
Apple is expected to stick to its strategy of four iPhone lineup this year, introducing the iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max, with the iPhone 15 Pro model expected to have new features that are not available in the more affordable iPhone 15 devices.
Looking at the short term, with Apple’s latest earnings release now only two weeks away, Mohan said June quarter results are likely to be “broadly in line” with Street estimates, though he expects each Apple hardware category to experience year-over-year revenue declines. Show quarterly.
Stay Connected With Us On Social Media Platforms For Instant Updates, Click Here To Join Us Facebook