Top Apple analyst leaves his firm; Ming-Chi Kuo will no longer follow Apple at his new job

Top Apple analyst leaves his firm; Ming-Chi Kuo will no longer follow Apple at his new job
Ask any PhoneArena reader which Apple analyst has provided us with the most accurate forecasts over the years, and the answer would surely be Ming-Chi Kuo. The latter, who toiled for Korea's KGI Securities, abruptly quit the firm on Friday according to a report out of China that was published today. Bloomberg's Mark Gurman followed that up with a tweet which said that Kuo would now be covering "innovative non-Apple companies" for another firm.

Last year, Kuo worked his magic back in February, seven months before Apple unveiled its 2017 lineup. Back then, the Apple iPhone X was thought to be called the iPhone 8, and Kuo said that it would have a revolutionary front-facing camera. Of course, he was talking about the TrueDepth Camera, and even mentioned the 3D sensing that it was capable of. In the same note to clients, the analyst talked about a facial recognition system and stated that the handset would not come with Touch ID. He also nailed the screen sizes and storage capacities for all three phones unveiled by Apple last year. Those models are the Apple iPhone 8, Apple iPhone 8 Plus and the Apple iPhone X.

For this year, Kuo sees a trio of new models. He expects that Apple will introduce the Apple iPhone Xs, a sequel to the current tenth anniversary model sporting a 5.8-inch OLED display. He also sees the company unveiling the Apple iPhone Xs Plus with a giant 6.5-inch OLED display, and the Apple iPhone 9 with a 6.1-inch LCD screen. That model will feature just one camera on back and won't come with 3D Touch. Instead, Apple is reportedly adding an extra thin film sensor layer. All three phones will have the TrueDepth Camera and Face ID.

Ironically, before entering the securities industry, Kuo was an analyst for Digitimes, which has a questionable reputation. From there, he moved on to Concord Securities before joining  KGI Securities in 2012. It was there where he honed his reputation. He correctly called the removal of the earphone jack on the Apple iPhone 7 and Apple iPhone 7 Plus among his many correct predictions. One forecast that is still up in the air is one he made last August when he said that the Samsung Galaxy Note 9 will be the manufacturer's first phone with an under-display fingerprint scanner.


source: ChinaTimes (translated), @markgurman

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15 Comments

1. piyath

Posts: 2445; Member since: Mar 23, 2012

I think Apple is behind this. They must have somehow made this happen given the harsh rhetoric they had towards leaks and leakers recently. This guy Ming-Chi Kuo is nothing but a glorifies leaker for Apple hardware. I don't understand why he became this heroic character in the internet for leaking.

3. kiko007

Posts: 7518; Member since: Feb 17, 2016

“This guy Ming-Chi Kuo is nothing but a glorifies leaker for Apple hardware. I don't understand why he became this heroic character in the internet for leaking.” People like to look behind the veil before the show. Simple as that. Plus, iPhone leaks (as we’ve witnessed) can make you famous as an “analyst” with tech enthusiasts.

6. Sunbae-min

Posts: 135; Member since: Mar 25, 2018

Apple is an evil company which eliminate other competitors at any cost. And now it even do that to human being too. Kiko, you and your Apple gangs still support that clown no matter what? Shame

8. kiko007

Posts: 7518; Member since: Feb 17, 2016

Lol... wut?

12. AVVA1

Posts: 228; Member since: Aug 01, 2017

Wth?! LOL

2. Ozsikhs

Posts: 58; Member since: Sep 03, 2015

Exactly my thoughts

4. Vokilam

Posts: 1285; Member since: Mar 15, 2018

so long my friend of many guesses of which 40% were right you will be missed (just like many of your predictions)

7. ijuanp03

Posts: 616; Member since: Dec 30, 2014

86% right, based on my calculations.

15. worldpeace

Posts: 3135; Member since: Apr 15, 2016

More like 50%.. He predict that iPhoneX sales this quarter increase, and a few days later he predict that iPhoneX sales decline... He can't be wrong if he predict all possible outcome, lol...

5. GreenMan

Posts: 2698; Member since: Nov 09, 2015

No worries. I'm sure someone else will take his place and continue his 'legacy'!

9. iczer

Posts: 160; Member since: Oct 14, 2015

He's leaving because Apple has become an unattractive company to leak their news, Apple is doomed!

10. zennacko unregistered

Tomorrow's news: KGI Securities hires the all-knowing Michael Pachter to cover apple news and developments /s

11. SIGPRO

Posts: 2817; Member since: Oct 03, 2012

Good, you van do something better with your life. Think at a certain point he realized that he was becoming a sheep hahahah

13. Clars123

Posts: 1078; Member since: Mar 16, 2015

Darn it! Who's gonna tell us if the next iPhone has a screen or not?

14. slashas

Posts: 143; Member since: Jul 17, 2017

He is leaving as his insider got cough based on all leakage investigation by Apple :) so good time to leave on when you are still on the top :)

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