On September 9 that Tianfeng International analyst Ming-Chi Kuo released the iPhone 16/Pro series production report today. Apple raised its 2024 iPhone 16 series shipment forecast from 87 to 88 million units to 88 to 89 million units, with the main increase coming from the standard version of the iPhone 16 .
Guo Mingchi predicts that the standard version of iPhone 16, iPhone 16 Plus , iPhone 16 Pro and iPhone 16 Pro Max will account for approximately 26%, 6%, 30% and 38% of iPhone 16 series shipments in 2024, respectively .
The report predicts that iPhone 16 series shipments in August and September will be 9 million and 16 million units respectively, with 15 million to 17 million units in stock to support pre-orders. Shipments in the third quarter will increase by 10% year-on-year, but in the fourth quarter, it is expected to decline by 5% to 7% year-on-year (compared with the iPhone 15 series in the same period last year).
Guo Mingchi also said that iPhone 16 series shipments in the first quarter of next year will decline significantly by 53~55% , mainly due to the off-season and the potential substitution effect from the new iPhone SE 4.
“Strictly speaking, there are only Hon Hai and Luxshare in iPhone EMS right now. Since July this year, Luxshare has become the largest shareholder of Pegatron’s iPhone manufacturing business. Hon Hai and Luxshare account for 55–60% and 40–45% of iPhone 16 series orders respectively .”
Bloomberg’s Mark Gurman previously expected that all iPhone 16 models will be equipped with a touch-sensitive camera button. The slimmer bezels on the Pro series are obvious, as are the improvements in battery life. He expects the entry price of the iPhone 16 Pro to not increase from $999, and the focus will be on AI and the A18 chip.
Apple will hold its 2024 Fall new product launch conference at 1 a.m. Beijing time on September 10. The new iPhone 16/Pro series will be launched soon. We will bring you the latest first-hand news at that time.
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