Analysts say supply chain check shows Apple iPhone shipments remains on track for current quarter

Analysts say supply chain check shows Apple iPhone shipments remains on track for current quarter
Over the last few weeks, as Apple's share price has plunged 32% from its peak, several analysts have cut their estimates on iPhone shipments for the quarter that started yesterday. Citi Research now expects Apple to ship 45 million iPhone units from January through March, a 10% cut from the 50 million handsets it originally forecast. That includes a 48% cut in iPhone Max XS production.

This morning, analysts working for Cowen (as per Apple Insider) sent a note to clients stating that their check of the supply chain shows something interesting. These analysts say that the recent preliminary importation and sales ban of some older iPhone models in China is having a "negligible impact to the supply chain thus far." The affected models make up just 25% of total iPhone production for the three months, say the Cowen analysts. Besides, the update to iOS 12.1.2 was supposed to remove software that infringed on Qualcomm patents, which Apple says allows it to continue selling these models.

As a result of its research into the supply chain, Cowen is keeping its forecast of iPhone shipments during the current quarter at 44 million units, which is in line with the revised forecasts from Citi Research. For the quarter that ended in December (Apple's fiscal first quarter of 2019), the brokerage house expects Apple to have shipped 73.5 million iPhones during the three month period; that includes a change in the mix that added 1.5 million iPhone XR units, and an additional 1.5 million iPhone XS Max units. Last year, Apple shipped 77.32 million phones during its fiscal first quarter, and 52.22 million iPhones during the period from January through March, 2018.


For all of 2019, Cowen expects Apple to ship less than 200 million handsets, which translates into a drop of 7% to 10% year-over-year.

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17 Comments

1. Vokilam

Posts: 1181; Member since: Mar 15, 2018

Where were those “anal-lists” before Apple released their numbers? Oh yeah copy pasting their “doom and gloom” articles from every other year before.

2. Vancetastic

Posts: 1103; Member since: May 17, 2017

This is indeed shocking news.

3. sissy246

Posts: 7070; Member since: Mar 04, 2015

With all the promotions i can see that shipment is on track. But analysts are also guessing.

4. Peaceboy

Posts: 640; Member since: Oct 11, 2018

Now what? I thought iphones are not selling especially the Xr because it doesn’t come into 1080p res and the price is absurd and people have spoken their wallets? Funny.

7. sissy246

Posts: 7070; Member since: Mar 04, 2015

No one said they are not selling. They just are not selling as many as they usually did. Why do you think they are no longer a trillion dollar company.

5. iczer

Posts: 157; Member since: Oct 14, 2015

Apple is selling fewer iPhones each year LOL !

6. midan

Posts: 2710; Member since: Oct 09, 2017

http://info.localytics.com/blog/ipads-and-iphone-xrs-lead-new-device-adoption-over-christmas IPads and iPhones especially XR sold very well in Christmas. "In short, we discovered that Christmas shoppers were heavily focused on obtaining Apple products this year: iPads have become a mainstay of the holiday season and the iPhone XR’s momentum shows no sign of decreasing" "XR Sees Biggest Christmas Adoption Yet Despite slight market share misgivings, the iPhone XR managed to have great adoption this Christmas, witnessing the greatest lift in activations of any new Apple device in the past three years. The number of new XRs activated by consumers grew by 88% over Christmas, while XS activations grew by 49% and XS Max activations by 36%."

8. Vancetastic

Posts: 1103; Member since: May 17, 2017

9. Supah

Posts: 692; Member since: Mar 08, 2017

Now he's gonna go iHide

10. Vancetastic

Posts: 1103; Member since: May 17, 2017

He’s never answered me. Not once. I wonder why?

12. sissy246

Posts: 7070; Member since: Mar 04, 2015

Because he can't because you are right.

11. sissy246

Posts: 7070; Member since: Mar 04, 2015

What is so hard about saying that apple didn't do as good as they were hoping. You can do it, it's not that hard.

15. strategic_developer

Posts: 1627; Member since: Jul 17, 2018

Because without something to cheerlead, they have nothing. When it comes to the iPhone they praise them for doing less and costing more. They think mess is better. So they can't cheer about having s lesser screen, less storage and less quality for the price. They only cheer what Apple leads, which are things that dont matter. Like, single core benchmarks, profits and sells. Now Apple wont be report sales. So they can't cheer those. So any analyst saying sells are good they will listen. Any analyst that says otherwise is wrong. You know the drill You've been here long enough.

14. strategic_developer

Posts: 1627; Member since: Jul 17, 2018

Yes the Xr is outselling the XS. But the sells are still lower than expect. Funny how you keep leaving that out. One cancels out the other stupid. Yes its selling more in number. But all of them are selling less than expect. Gosh what school did you go to. I honestly don't think you've ever been to school. I think you just copy segments of your older posts and paste them.

16. tokuzumi

Posts: 1865; Member since: Aug 27, 2009

Analysts are the equivalent of people who base their lives on relationship quizzes from Redbook

17. xfire99

Posts: 1205; Member since: Mar 14, 2012

Few months later. The one who called analysts will change theirs forecast again!

* Some comments have been hidden, because they don't meet the discussions rules.

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