As per KGI Securities analyst Ming-Chi Kuo’s analysis, iPhone 7’s demand has already touched its peak, and from now on, it is going to fall. To make an efficient market adjustment, Kuo suggests Apple suppliers, to decrease iPhone 7 shipments by 5% to 15% within November.
Lack of specs surprise in the 4.7-inch variant, the limited supply of iPhone Plus variant, shorter delivery time of 5.5-inch iPhone 7 Plus has been attributed to this expected decreasing demand of the handset.
A note obtained from MacRumors conveys that Kuo further expects iPhone sales to decrease from year to year due to fierce competition from the Chinese Smartphone market and decreasing iPhone demand.
In the meanwhile, we don’t know what Apple is cooking! Apple is expected to make drastic changes to the iPhone model in order to perfectly celebrate the 10 year anniversary. The next generation iPhone model is expected to sport Sharp designed OLED display. Further, out of the three iPhone variants, at least one variant is expected to come with full edge to edge display with zero bezels.