Apple analyst Kuo forecasts 10% YOY growth in iPhone sales for Q1 2020, boosted by ‘iPhone SE 2’ launch

TF Securities’ analyst Ming-Chi Kuo is today forecasting that Apple will sell about 10% more iPhones in the first quarter of 2020, due to strong replacement demand for iPhone 11 and the launch of the ‘iPhone SE 2’ starting in the same period.

In terms of the calendar holiday quarter, Kuo expects shipments of 70-75 million new iPhone units (iPhone 11 and iPhone 11 Pro combined), which could have been higher if not for supply constraints.

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