Luxitis

According to analysts, Apple could sell nearly 250 million iPhones in 2021

While the JP Morgan analyst doesn’t believe in a super cycle for iPhone sales, Wedbush’s Daniel Ives takes a completely opposite view. The investment bank’s analyst estimates that demand for the iPhone 12 5G far exceeds the most optimistic scenario (more than 95 million units would have been produced in the fourth quarter), which could enable Apple to make 240 or even 250 million iPhone sales over the full fiscal year 2021 (i.e. from October 1, 2020 to September 30, 2021).

Such a figure would allow Apple to explode its previous record of 231 million iPhones sold in fiscal 2015, largely thanks to the sale of the iPhone 6. Apparently, with such projections, Daniel Ives is setting a price target of $ 160 per share (up from currently $ 123) . Last but not least, Ives claims that the iPhone 12s or iPhone 13 will be eligible for LiDAR in all areas and double the storage capacity (up to 1TB?).

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