With the expected iPhone revamp announcement just a few weeks away, Ming-Chi Kuo of KGI Securities is out with his forecast of the upcoming Apple products. According to Kuo, Apple is expected to ship 8.4 million units of iPhone 5C in the current quarter, while iPhone 5S will face a lower shipment number of 5.2 million units.
Kuo expects iPhone 5S shipments to increase by 438% to 28 million units by the last quarter of 2013. In case of iPhone 5C, the shipments are expected to rise by 122% to 18.7 million units by the end of December.
“Despite yield rate issues with fingerprint sensor module and casing, a timetable ensuring improvement has been established, which eases our concerns over 5S production,” Kuo said. “We hold a positive view on growth momentum along the iPhone supply chain, for which we expect a jump from August followed by sustained growth into September and (the fourth quarter of fiscal 2013).”
Kuo mentions that Apple’s manufacturing partner Foxconn will start the production of TDD-LTE compatible versions of iPhone 5C that would work with China Mobile, earlier than expected. Apple’s CEO Tim Cook also visited China and met the CEO of China Telecom few weeks back to discuss “matters of cooperation.” It is expected Apple will be able to stock up 1.5-2.5 million units by the end of Q3 to meet the demand during China’s October holiday season.
One interesting fact that Kuo mentioned is that the iPhone 5C will completely replace iPhone 5. This is due to the fact that iPhone 5C is expected to bring the similar set of features but with a plastic exterior. He believes that iPhone 5C will be available in between $399 to $499. Interestingly, he believes Apple will continue to sell the iPhone 4S in order to cater the needs for the low-cost market.
In terms of pricing, Kuo’s prediction is that iPhone 5S, iPhone 5C, iPhone 4S and iPhone 4 will lie in between $600-700, $400-500, $300-400 and $200-300, respectively.
The iPhone 5C will be available for almost $200 less than the high end variant and will be available in 16GB/32GB variants. On the other hand, the rumor mill suggests the iPhone 5S will feature fingerprint technology, 128GB storage space and will also be available in a gold color model.
Apple is expected to unveil its iPhone lineup at a press event on September 10th. Until then, stay tuned to AppleTell and we will bring you all the information we can get on the upcoming iPhone announcement.