Analysts claim Apple iPhone 11 Pro production cut by 25%

Netease Technology News on December 10, according to foreign media reports, brokerage Rosenblatt Securities said recently that due to the sharp decline in consumer demand for 4G mobile phones and transition to 5G mobile phones, Apple will current iPhone 11 Pro and iPhone 11 Pro Max production Cut by 25%.

Rosenblatt Securities analyst Jun Zhang said Apple is cutting iPhone 11 Pro and iPhone 11 Pro Max production by 25% in the last two quarters of the fiscal year ending March next year. Zhang Jun predicts that the production of iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max will decrease by 60% from the previous quarter in March. Zhang Jun said that this decline in output can be attributed to weakening consumer interest in 4G smartphones as consumers are transitioning to 5G phones.

However, investment bank Morgan Stanley analyst Katy Huberty has refuted Zhang Jun’s claim that Apple’s mobile phone production will be cut. Huberty said she had met with Apple’s chief financial officer Luca Maestri and supply chain partners in the past two weeks, and all signs point to the full performance of the iPhone 11 series. Powerful, including iPhone 11 Pro and iPhone 11 Pro Max.

Rosenblatt Securities is bearish on Apple. On Monday local time, it reiterated its rating of “sell” on Apple stock and set its target price to $ 150 per share. Apple shares closed at $ 266.92 on the Nasdaq Stock Exchange on Monday.

As of now, some other analysts are optimistic about the iPhone 11 series. It is said that iPhone 11 sales are much higher than expected, and iPhone 11 Pro sales in the United States are also better than expected.

Rosenblatt Securities predicted in a research report that Apple will release six new iPhone 12 phones in the fall of 2020. It will include a basic model “iPhone 12 4G” with a 6.1-inch LCD panel and dual cameras on the back. In addition, it also includes two “iPhone 12 Pro” with 5.4-inch OLED display and dual rear cameras. These two models support 4G and 5G connections, respectively.

Among the six new iPhone 12 phones, the high-end positioning is the iPhone 12 Pro Plus, there are two versions of 4G and 5G. There is also an ultra-high-priced “iPhone 12 Pro Max”, this high-end product has only 5G configuration.

This prediction is different from Ming-Chi Kuo, a well-known analyst of Apple products, on the iPhone 12, which said last week that Apple will release four new iPhones with OLED displays in 2020. Low-priced “iPhone SE 2”. (Tianmen Mountain)

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