Apple only recently acquired Intel's smartphone modem business for a whopping $1 billion.
Why it matters: As evidenced by numerous market reports for the last two years, the trend of phones getting more expensive despite the improvements being only incremental hasn't helped companies such as Apple to convince people to upgrade to newer iPhones.
Moreover, by 2020 consumers will view 5G as a key buying point and Apple will be able to take advantage of the carrier subsidies.
Mobile Says it Will No Longer Sell the Galaxy Fold
T-Mobile will not carry the Galaxy Fold because we already offer customers a wide range of the latest smartphones. The device has other reinforcements that protect the device from external particles while still folding.
Revenue from iPhones during that period totaled $26 billion, a 12% decrease from the same time a year ago.
We predict that three new 2H20 iPhone models will all be equipped with front Face ID, and two of the new models will provide rear ToF. Now, there has been a sudden drastic increase in Apple rumours especially surrounding the 2020 iPhones which are currently being dubbed as the iPhone 12. Total revenue grew 1% from a year ago to $53.9 billion. Secondly, he expects "that the prices of 5G Android smartphones will decline to $249-349 in [the second half of 2020]", adding, "We believe that 5G Android smartphones, which will be sold at $249-349, will only support sub-6GHz [frequencies]". As MacRumors explains, the latter will allow for higher speeds in areas where mmWave is supported, while Sub-6GHz will be more appropriate for customers in areas where a cheaper iPhone will sell better, but of course, offer slower speeds than mmWave.
"However, 5G iPhone, which only supports sub-6GHz, and the version which supports mmWave and sub-6GHz are regarded as different projects even though they share the same form factor design".
Neither Apple nor Kuo, through his firm TF International Securities, responded immediately to a request for comment. Ming-Chi Kuo is one of the most reliable Apple analysts so it seems more likely at this point, though Apple could always change its plans.