Apple’s foldable smartphone is getting closer to reality.
Ming-Chi Kuo, one of Apple’s brightest analysts and leakers in the industry just shared another of his famous predictions with investors: there will be a foldable iPhoneYes, we will not see it this year or next.
According to MacRumors, Kuo’s research predicts that Apple will launch an 8-inch foldable iPhone in 2023, reaching localized sales volume at the end of that year between 15 and 20 million units.
Ming-Chi Kuo has spoken: the foldable iPhone will not see the light until 2023
In his note to investors of TF International Securities, Kuo says foldable smartphones are as a must have for a brand of Apple’s stature, which cannot afford to lose its piece of the pie, especially if you take into account the early fold bet from a tough competitor like Samsung.
Similarly, according to Kuo, the foldable iPhone would have initiated a new «super cycle» of consumption for Apple, as it would create in its users an unprecedented need for renewal, triggering sales at the right time. Specifically, the new foldable iPhone would catch up up to 20 million shipments only during its release year, 2023.
To contextualize the figure, that is calculated in 2020 Apple has sold around 65 million iPhone 11s and just over 20 million iPhone SEs.
Here’s what a foldable iPhone would look like: love it or hate it
According to Kuo, this new foldable iPhone from QHD + OLED display would lead Apple to lead world sales of foldable mobile phones, surpassing even Samsung, which adds several generations of its now iconic Galaxy Z Flip.
If the analyst’s predictions are met, Apple will present its first foldable device up to 4 years later than the Android manufacturers, more than enough time for to avoid they make the same mistakes as Samsung, Huawei or Motorola with their first commercial «prototypes». Will Apple be able to convince its users that its foldable iPhone won’t be like the first Galaxy Fold? Hopefully, we’ll find out in 2023.
Related Topics: iPhone, cellphone