Wedbush SafetyThe analytics company, lowering its forecast for iPhone sales figures for 2020 and 2021.
According to analyst Dan Ives, the COVID-19 epidemic will negatively impact Apple's sales. It will stop consumers from buying a new iPhone.
From an Apple Insider report that revenues related to iPhone sales will drop 14% by 2020.
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Wedbush Securities & # 39; Daniel Ives believes that 2020 sales revenue for iPhone will drop 14%, while Apple's revenue by 2021 will decrease by 10%. These figures show the biggest change in terms of consumer demand and global financial collapse due to the coronavirus epidemic.
The analyst thinks that in the midst of this epidemic, people who are thinking about upgrading their iPhone will continue to do so. However, Android users and new consumers will wait or not buy an iPhone.
Consumers who now see the opportunity to improve and who haven't bought a new iPhone in over 42 months are likely to do so soon. We talk 325 million people among the more than 925 million iPhone users.
Their 2020 forecasts indicate that revenues will drop 14% off $ 152 billion to $ 131 billion. However, he predicts that there will be slight improvement in 2021, although the profit from the apple bark company will continue to be reduced by 10%. Apple will suffer greatly because of the COVID-19 epidemic, its stocks lost, many institutions closed, and demand will drop dramatically this year. What do you think of this news about iPhone sales?
