In a recent analysis by financial services firm Raymond James, the company raised its forecast of Apple's stock value to $ 250 the following year. Raymond James said that Apple's arrangement with Qualcomm helped the company take the initiative to launch the iPhone 5G by 2020.
However, this analyst proved quite pessimistic with the prospect of iPhone sales growth of 2019 this year as all three new iPhone models are not expected to have much breakthrough changes compared to the predecessor generation.
Chris Caso, Chris Raymond analyst shared: "We think this iPhone cycle in 2019 will be the weakest in many years. And maybe we should not buy any iPhone at the time before that cycle takes place."
With confidence in the iPhone 2020 generation, it is clear that analysts are appreciating 5G technology and believe that this will be the technology that will help boost iPhone sales back after 2019 is not expected to start. what color is.
After the prediction of Chris Raymond was released, Apple's stock rose slightly by 0.95% to $ 205.25 in the same day. Apple is expected to announce earnings report Q4 / 2019 on July 30th.
Apple is reportedly planning to develop its own 5G modem to avoid reliance on third-party vendors such as Qualcomm or Intel. However, an iPhone using a chip modem produced by the manufacturer will probably appear only in 2022 or 2023.
In addition to iPhone 5G, Apple plans to upgrade the LCD to OLED display on all iPhones launched next year. According to many speculation, Apple will still keep the rabbit ears design until 2020 but will try to narrow the size of the rabbit ears and gradually move to integrate the camera under the screen since 2021.
Refer to CNBC