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Apple has 420 million old mobile phones From Wolf Adventure

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Apple (AAPL. US) will hold the “California streaming media” press conference at 10 a.m. local time on September 14, and is expected to launch the iPhone 13 series. Apple launched the first 5g iPhone last year and brought a “super cycle”. Gene Munster, an analyst at Loup ventures, said in a research report that the event would be “the most important day of the year in the hardware industry”.

Munster expects to usher in the second press conference in October. The new models announced in these two activities “will account for 40-50% of the company’s revenue in the next 12 months”.

According to reports, iPhone   The 13 series will be equipped with a faster A15 processor, an improved 5g modem and a smaller display groove. The camera will usher in major upgrades, including the portrait mode of the video version, better low light performance and the new ultra wide angle lens on the pro model.

The new iPhone is expected to use the same dimensions as last year’s iPhone 12 series: 5.4-inch and 6.1-inch base models, and 6.1-inch and 6.7-inch Pro models. With the continuous shortage of semiconductors in the world, if Apple decides to pass on the higher production costs of its foundry partner TSM. Us to consumers, the pricing may be slightly higher than the range of $799 to $1099 of the iPhone 12.

Munster wrote: “from the perspective of investors, the development trajectory of the iPhone business in the next year has little to do with the specification and pricing of mobile phones, but has a closer relationship with the age of mobile phones.” “Last year, we estimated that the number of iPhones in three years or more was 420 million. This base will drive iPhone revenue growth of about 40% in fiscal 2021, compared with a single digit revenue growth in a typical year.”

Wall Street expects iPhone sales to grow by 5% to 260 million next year. However, Munster believes that since the number of iPhones in three years or more will reach 400 million, the growth rate may increase.

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