Analyst Ming-Chi Kuo predicts 10 million fewer iPhone 16 orders for late 2024 and early 2025, mainly affecting non-Pro models.

Analyst Ming-Chi Kuo forecasts a 10 million unit reduction in iPhone 16 orders for late 2024 and early 2025, mainly impacting non-Pro models. Production estimates for the second half of 2024 drop to 84 million units, down from 88 million. Kuo anticipates challenges for suppliers and suggests that Apple may face revenue pressure due to a less favorable product mix, despite strong Pro model sales. The company will update its earnings on October 31.

October 23, 2024
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