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☆ Apple iPhone shipments may see 'significant decline' in 2024, analyst says
▼ + stars: | 2024-01-30 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Apple CEO Tim Cook holds a new iPhone 15 Pro during the Wonderlust project launch event at the company's headquarters in Cupertino, California, Sept. 12, 2023. Kuo wrote that Apple's weekly shipments in China have dropped by 30% to 40% from a year earlier in recent weeks, "and this downward trend is expected to continue." "Apple may have the most significant decline among the major global mobile phone brands in 2024," Kuo wrote. Samsung has upped shipments of its new Galaxy S24 series this year by 5% to 10% as it sees "higher-than-expected" demand thanks to its AI-powered features, Kuo wrote. Apple, meanwhile, has lowered its shipment forecast for the iPhone 15 in the first half of 2024, he added.

Persons: Tim Cook, Ming, Chi Kuo, Kuo, Huawei's, Apple didn't Organizations: Apple, International Securities, Samsung Locations: Cupertino , California, China

☆ Apple has already sold more than 200,000 Vision Pro headsets, report says
▼ + stars: | 2024-01-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Apple has already sold around 200,000 Vision Pro headsets, MacRumors reported. Apple's Vision Pro officially launches in the US on February 2. AdvertisementApple has sold around 200,000 Vision Pro headsets since preorders opened, MacRumors reported, citing a source familiar with the company's sales numbers. The Vision Pro is Apple's first new product category since it announced the Apple Watch in 2014. AdvertisementApple is set to embark on its biggest hardware launch in a decade with the Vision Pro.

Persons: —, MacRumors, Min, Chi Kuo, Kuo Organizations: Apple, Vision Pro, Service, TF International Securities, Business, Apple Watch

☆ Netflix co-CEO says the app isn't on Apple's Vision Pro because it isn't worth their time yet
▼ + stars: | 2024-01-26 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +2 min

Read previewNetflix co-CEO Greg Peters isn't sold on Apple's Vision Pro yet. "I would say we'll see where things go with Vision Pro." Peters said Netflix concluded that its main audience would not substantially "benefit" from a dedicated app on the Vision Pro. His comments speak to deeper concerns surrounding the Vision Pro, which is set to launch next Friday. AdvertisementPeters acknowledged that there is "always" the chance that the success of the Vision Pro could change Netflix's decision.

Persons: —, Greg Peters isn't, Peters, we're, it's, Ming, Chi Kuo, we've, Mathias Döpfner, Axel Springer Organizations: Service, Apple's, Business, Vision, Netflix, Apple, Meta

☆ Vision Pro demand 'may quickly taper off' after diehard Apple fans order it, analyst predicts
▼ + stars: | 2024-01-22 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Read previewApple fans scooped up enough Vision Pro headsets to push back delivery times for new orders, but one analyst isn't so sure the initial hype will last. The Apple Vision Pro headset became available for preorder on Friday, and shipping times quickly extended from early February to March. Ming-Chi Kuo, an analyst at TF International Securities who specializes in Apple's supply chain, estimated Apple sold between 160,000 and 180,000 units during the Vision Pro's preorder weekend. "It indicates that demand may quickly taper off after the core fans and heavy users place their orders," Kuo wrote. AdvertisementKuo said the Vision Pro is "still a very niche product."

Persons: —, isn't, Chi Kuo, Kuo, isn't snowballing, Apple Organizations: Service, Business, Apple, preorder, TF International Securities, Meta, Vision Pro

☆ Initial demand for Apple’s Vision Pro headset could wane, top analyst cautions
▼ + stars: | 2024-01-22 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Apple 's Vision Pro quickly sold out after preorders for it opened Friday, but early signs could mean demand is waning, according to top Apple analyst Ming-Chi Kuo of TF International Securities. He estimated that Apple sold 160,000 to 180,000 Vision Pro units over the weekend. "Popular iPhone models also sell out immediately upon pre-order, and shipping times typically increase to several weeks within hours," Kuo wrote. Kuo wrote in his blog that it "should not be challenging" for Apple to ship 500,000 Vision Pro units in total this year. "Right now, Vision Pro is still a very niche product," Kuo wrote.

Persons: Ming, Chi Kuo, preorders, Kuo, Morgan Stanley Organizations: Apple, International Securities . Shipping, Vision, Vision Pro, Pro

☆ Preorders for Apple's $3,500 Vision Pro are already backed up a month
▼ + stars: | 2024-01-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Apple's Vision Pro became available to preorder on Friday at 8 a.m. AdvertisementPreorders launched for Apple's new Vision Pro early Friday morning, and it looks like customers were eager to snap up the first available units. The Vision Pro, with its sky-high price tag, was always expected to be a smaller launch than something like the newest iPhone. Earlier this month, analyst and Apple supply chain expert Ming-Chi Kuo predicted that the company would produce only 60,000 to 80,000 Vision Pro units for the initial launch. "Since the shipment is not large, I believe that Vision Pro will sell out soon after the release," Kuo wrote on X.

Persons: —, Preorders, Chi Kuo, Kuo, You'll Organizations: Apple, Service, Pro, Vision

[1/2] Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. While all manufacturers including Samsung (005930.KS) have agreed to India's plan, Apple is pushing back. Apple, whose India lobbying efforts are being reported for the first time, and India's IT ministry, did not respond to Reuters requests for comment. Renowned Apple analyst Ming-Chi Kuo has estimated 12-14% of iPhone production in 2023 will be from India, with the number set to rise to as much as 25% next year. In terms of market share, Apple accounts for 6% of India's booming smartphone market, compared with just about 2% four years ago.

Persons: Francis Mascarenhas, Apple, Narendra Modi, Ming, Chi Kuo, Prabhu Ram, Aditya Kalra, Susan Fenton Organizations: Apple, REUTERS, DELHI, European Union, Samsung, India's, Reuters, IT, Research, Indian, Consumers, Industry Intelligence, CyberMedia, Thomson Locations: Mumbai, India, New Delhi, U.S, KS, EU, PLI, China

☆ Top Apple analyst says MacBook demand has fallen 'significantly'
▼ + stars: | 2023-10-18 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Tim Cook, chief executive officer of Apple Inc., during an event at Apple Park campus in Cupertino, California, US, on Tuesday, Sept. 12, 2023. Top Apple analyst Ming-Chi Kuo said Wednesday that shipments for the company's MacBook computers will decline around 30% year over year, to 17 million units, during 2023. He said demand for the new 15-inch MacBook Air has slipped "significantly" in the wake of the back-to-school shopping period, and that MacBook shipments during Apple's fourth quarter will be lower than they have been in years past. Apple's fourth quarter has historically been important for the company as consumers purchase devices as part of their holiday shopping. He said shipments of the 15-inch MacBook Air are projected to be down more than 20% this year.

Persons: Tim Cook, Ming, Chi Kuo, Apple's, Kuo Organizations: Apple Inc, Apple, Top Apple Locations: Cupertino , California

☆ Apple confirms overheating issue with iPhone 15 Pro but says it's not because of the new titanium frame
▼ + stars: | 2023-10-02 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +4 min

There have been numerous reports saying the new iPhone 15 Pro can encounter overheating issues. Some iPhone 15 Pro owners have taken to social media sites in the US and China to complain about the issue. The iPhone 15 Pro is the first phone from Apple made with a titanium frame. Justin Sullivan / Getty ImagesNotably, Apple has not attributed any of the overheating issues to the titanium frame on iPhone 15 Pro models, pushing back on a theory from noted Apple analyst Ming-Chi Kuo. The iPhone 15 Pro is the first smartphone made by Apple that features a titanium frame.

Persons: Apple, —, Max, Justin Sullivan, Ming, Chi Kuo, Kuo Organizations: Apple, Service, Street, Bloomberg, CNET Locations: iPhones, China

☆ Apple users are slamming the new iPhone 15 Pro, saying it can get so hot they can't even hold it
▼ + stars: | 2023-09-28 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +4 min

There have been numerous reports saying the new iPhone 15 Pro can encounter overheating issues. The new iPhones released last week, and the iPhone 15 Pro lineup is the first with titanium frames. AdvertisementAdvertisementPeople are talking about how hot the new new titanium iPhone 15 Pro can be — literally. Some iPhone 15 Pro owners have taken to social media sites in the US and China to complain about the issue. Justin Sullivan / Getty ImagesThe iPhone 15 Pro model is notably the first smartphone made by Apple with a titanium enclosure.

Persons: —, There's, It's, Apple hasn't, Max, Apple, Justin Sullivan, Chi Kuo Organizations: Service, Apple, Bloomberg Locations: China

Apple CEO Tim Cook speaks during Apple's Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023. Apple is holding its annual iPhone launch event Tuesday at Apple Park, its headquarters in Cupertino, California. The company is expected to announce new iPhone models, as well as new Apple Watches and AirPods, according to reports from Bloomberg News, Wall Street analysts and TF International Securities hardware analyst Ming-Chi Kuo. Last year, the launch event duration was about an hour and a half. We'll post live updates below, and you can also watch the Apple event YouTube live stream right here.

Persons: Tim Cook, Ming, Chi Kuo, Here's what's Organizations: Apple, Apple's Worldwide, Bloomberg News, Wall Street, TF International Securities, CNBC Locations: Cupertino , California

The Mate 60 is priced from 5,999 yuan ($817.70), the same as Apple's iPhone 14 in China. Huawei's launch also comes days before Apple is expected to launch its new iPhone 15 on Sept. 12.WHO ARE THE MATE 60'S SUPPLIERS? The Mate 60 Pro contains more Chinese-made chip components than previous models, TechInsights also said. WHAT COULD IT MEAN FOR APPLE IN CHINA'S SMARTPHONE MARKET? And cumulative shipments of Mate 60 Pro could reach at least 12 million units 12 months after launch, according to Kuo.

Persons: TechInsights, Chi Kuo, Kuo, Yelin Mo, Brenda Goh, Emelia Sithole Organizations: China's Huawei Technologies, Apple, Huawei, Semiconductor Manufacturing International Corp, HK, WHO, South Korea's SK Hynix's, SK Hynix, Dongguan Chitwing Technology, ., Visionox Technology, Reuters, TF International Securities, Thomson Locations: BEIJING, SHANGHAI, China, Kirin, SMIC, South, United States, Dongguan, Suzhou, U.S, Washington, Beijing

Some analysts feel the Huawei moves could be a first step in comeback efforts by China's "national champion" to rival Apple. By contrast with the hit for Apple suppliers, Huawei's extended recent gains. Reuters GraphicsSCOPE OF CURBS UNCLEARIt was not immediately clear how wide China's iPhone curbs are, but one employee at an affected state-owned enterprise (SOEs) in the capital said they extended to visitors. However, Canalys analyst Nicole Peng said Huawei could present a greater threat to domestic peers, such as Honor, which had benefited from Huawei's woes. The U.S. Commerce Department is seeking more information on the "character and composition" of the new Huawei chip that may violate trade curbs, it said on Thursday.

Persons: Ann Wang, chipmaker TSMC, China's, Ivan Lam, Ming, Chi Kuo, Nicole Peng, TechInsights, Jeanny Kao, David Kirton, Jason Xue, Yelin Mo, Ellen Zhang, Sam Nussey, Miyoung Kim, Clarence Fernandez Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Rights, Huawei, Apple, Largan, Industry, Semiconductor Manufacturing International Corp, Reuters, Bank of America, TF International Securities, Street, Washington, U.S . Commerce Department, Shanghai Newsroom, Thomson Locations: Hsinchu, Taiwan, Rights SHANGHAI, TAIPEI, U.S, Beijing, Taipei, TW, iPhones, China, Shenzhen, Shanghai, Tokyo

☆ Apple's iPhone 15 event kicks off on Tuesday. Here's what to expect
▼ + stars: | 2023-09-08 | by ( Kif Leswing | ) www.cnbc.com time to read: +7 min

Last year, Apple announced new iPhones, Apple Watches, and updated AirPods at its September event. Here's what to expect from this year's edition:iPhone 15: USB-C and titaniumApple's invite to its Sept. 12 event. This year, the biggest change is expected to be a USB-C charging port, replacing Apple's proprietary Lightning port, which was introduced in 2012 as the iPhone charger "for the next decade." A USB-C charging port on iPhones will match the same charging port on Android phones, newer laptops, iPads, wireless headphones, and other gadgets. The change is being spurred by new European regulations which require a common charging port.

Persons: Tim Cook, Carlos Barria, Ming, Chi Kuo, Greg Joswiak, Apple's, Jakub Porzyck, Sofia Pitt, Apple, AirPods, Todd Haselton Organizations: Reuters Apple, Apple, YouTube, Apple's, Huawei, Vision, CNBC, Apple Apple, Bloomberg News, TF International Securities, Wall Street, Union, Nurphoto, Getty, Bloomberg, U.S, Apple Watch, Sofia Pitt Last Locations: Cupertino , California, iPhones

☆ Apple to host fall event on Sept 12, analysts expect new iPhones
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +1 min

The Apple Inc logo is seen at the entrance to the Apple store in Brussels, Belgium November 28, 2022. REUTERS/Yves Herman Acquire Licensing RightsAug 29 (Reuters) - Apple (AAPL.O) said on Tuesday it would host its fall event on Sept. 12, setting the stage for what analysts believe will be the unveiling of a new line of iPhones and smartwatches. The event will be hosted at the Steve Jobs Theater at its headquarters in Cupertino, California, according to invites from the world's most valuable company. Apple posted a 2.4% decline in iPhone sales for its fiscal third quarter - a rare drop for the product that has for years powered the company's growth. Reporting by Chavi Mehta in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: Yves Herman Acquire, Steve Jobs, TF International Securities analyst Ming, Chi Kuo, Chavi Mehta, Sriraj Organizations: Apple, REUTERS, Steve, Wall Street, TF International Securities analyst, Bloomberg, Thomson Locations: Brussels, Belgium, Cupertino , California, Bengaluru

☆ Apple reportedly considers raising the price of its new iPhone Pros
▼ + stars: | 2023-07-24 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple is considering raising the price of its high-end iPhone Pros when new models come out this fall, according to Bloomberg. Since 2019, Apple has sold a high-end iPhone Pro that starts in the U.S. at $999 and a Max model with a bigger screen for at least $1099. Now, Apple's newest high-end models could reportedly receive a price increase that would boost Apple's overall revenue by increasing the average selling price of a new iPhone. The new iPhone models could have a USB-C charger, instead of a proprietary Lightning charger, after new European regulations passed last year. The new Pro models could come with a titanium case and thinner bezels, according to supply chain analyst Ming-Chi Kuo.

Persons: Ming, Chi Kuo, Sidney Ho Organizations: Apple, Bloomberg, Deutsche Bank Locations: Kolkata, U.S

☆ Why Apple's VR headset could succeed where every similar product has failed
▼ + stars: | 2023-06-01 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

On Monday, Apple is expected to announce its first new major product line since the Apple Watch in 2014. During Apple's software-focused developer conference, WWDC, it could release its first mixed-reality headset, according to analyst research, media reports and increasingly, vague references from Apple itself. The headset, according to reports, will feature high-definition screens in front of the user's eyes. But since then, sales for existing VR headsets haven't been great, usage has been worse and the anticipated explosion in successful VR software companies hasn't happened. Apple's headset is expected to be more powerful than what's out there — even current $6,500 VR headsets.

Persons: what's, Apple, Wamsi Mohan, Microsoft's Hololens, Ming, Chi Kuo, Cowen, Krish Sankar, Peggy Johnson, it's Organizations: Apple, Apple Watch, Bank of America, Facebook, Meta, VR, U.S . Army, TFI Securities, CNBC

☆ Top Apple analyst says iPhone 16 Pro will get an even bigger screen and new periscope camera
▼ + stars: | 2023-05-16 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Ming-Chi Kuo, a renowned Apple analyst, said in a blog post Tuesday that he predicts that a bigger screen and a periscope camera will be features of the iPhone 16 Pro. Kuo said that the iPhone 16 Pro's display will be "slightly larger" than the screens on the current iPhone 14 Pro and the upcoming iPhone 15 Pro. A periscope camera offers improved zoom capabilities, and Kuo said he expects the iPhone 16 Pro and the even larger iPhone 16 Pro Max to have them. Kuo's comments echo another industry analyst, Ross Young, who said that the iPhone 16 Pro and the iPhone 16 Pro Max will get bigger screens. When another user guessed that the iPhone 16 Pro would increase from 6.1 to 6.4 inches, and the iPhone 16 Pro Max would increase from 6.7 to 6.9 inches, Young replied "close."

☆ Apple's VR headset will reportedly run hundreds of thousands of iPad apps
▼ + stars: | 2023-04-24 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Apple' s virtual reality headset will run with hundreds of thousands of iPad apps and take an all-encompassing approach to features, according to Bloomberg. In a bid to entice both developers and consumers, Apple has included gaming, fitness, and e-reader functionality for the virtual reality headset, Bloomberg reported. The headset will run most of Apple's flagship iPad apps, including Books, Camera, FaceTime, Maps and Messages. There are also hundreds of thousands of third-party iPad apps that will reportedly be compatible with the headset at launch. Apple's headset will reportedly cost a minimum of $3,000, three times as expensive as Meta 's high-end Quest Pro.

☆ Cirrus Logic slumps as analyst says Apple to abandon button design change
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +2 min

April 12 (Reuters) - Shares of Apple Inc (AAPL.O) supplier Cirrus Logic Inc (CRUS.O) tumbled about 12% after a renowned analyst said the iPhone maker will abandon the solid-state button design for premium variants of its iPhone 15 series of smartphones. Amid speculation Apple would use a button format that remains static, TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple's product launches, said in a blog post the company decided to abandon the design shift. "Investors had anticipated that the new solid-state button design would increase suppliers' revenues and profits," Kuo said. Shares of integrated circuit maker Cirrus Logic have hit their lowest in over two months and are set for their worst day in about two years. Cirrus Logic declined to comment.

☆ Stocks making the biggest moves midday: MongoDB, American Airlines and more
▼ + stars: | 2023-04-12 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Here's a look at some of the stocks making the biggest moves on Wednesday. MongoDB — Shares jumped 9.4% after Morgan Stanley upgraded MongoDB to overweight from equal weight, citing the software company's leadership in cloud optimization initiatives. American Airlines , Delta Air Lines , United Airlines — Shares of the major airline companies were under pressure on Wednesday after American Airlines updated its first-quarter guidance. Shares of American fell more than 9%, while United dropped about 2% and Delta shed nearly 6%.

☆ Apple reportedly nixes iPhone 15 button upgrade, sending supplier stock down 12%
▼ + stars: | 2023-04-12 | by ( Rohan Goswami | ) www.cnbc.com time to read: +1 min

The Apple iPhone 14, iPhone 14 Pro, and iPhone Pro Max on sale at the company's Fifth Avenue store in New York, US, on Friday, Sept. 16, 2022. Photographer: Jeenah Moon/Bloomberg via Getty ImagesApple supplier Cirrus Logic's shares fell about 12% early afternoon Wednesday after a report from analyst Ming-Chi Kuo said that the upcoming iPhone 15 Pro won't use Cirrus' haptic touch technology as heavily as initially expected. Cirrus' technology and parts help power Apple's haptic touch systems, which have been used to replace physical buttons, like the home button on some iPhones, with touch-sensitive buttons that mimic the way a button push feels. Cirrus' relationship with its "largest customer," widely acknowledged as Apple, provided around 88% of its revenue for the most recent quarter. Kuo had previously said that Apple would expand its use of Cirrus' technology beyond haptic touch and replace the physical volume buttons with solid-state technology.

☆ Apple CEO Tim Cook explains why people might want a mixed reality headset
▼ + stars: | 2023-04-03 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

Apple CEO Tim Cook poses for a portrait next to a line of new MacBook Airs as he enters the Steve Jobs Theater during the Apple Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California on June 6, 2022 . Apple CEO Tim Cook recently explained in an interview with GQ why people might want the sort of mixed reality headset his company is expected to announce in the coming months. In short: art, communication, "creative" applications, and corporate environments, Cook told GQ. "The idea that you could overlay the physical world with things from the digital world could greatly enhance people's communication, people's connection," Cook told GQ. Meta has struggled to find success with its virtual reality business, called Reality Labs.

☆ Apple analyst Kuo says headset faces 1-2 month delay, prompting uncertainty over WWDC launch
▼ + stars: | 2023-03-30 | by ( Rohan Goswami | ) www.cnbc.com time to read: +1 min

Apple's widely anticipated mixed-reality headset may not be ready in time for the company's June WWDC event, top Apple analyst, TFI Securities' Ming-Chi Kuo, wrote on Twitter Thursday. The Apple Watch was announced in Sept. 2014 but didn't launch until April 2015. Apple expects to sell at most 300,000 headsets in 2023, Kuo wrote. The best hope for Apple is that headset growth matches the trajectory of the Apple Watch, evolving from a "small portion" of the company's business into a "centerpiece," Gurman wrote. Kuo is regarded as one of the most accurate Apple analysts, and has reported on Apple's shifting approach to the launch of its long-awaited headsets.

☆ Apple is reportedly planning to reveal its next big thing in 3 months — and some within the company are worried
▼ + stars: | 2023-03-27 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

Apple is reportedly planning to reveal its mixed reality goggles in June — its next major product. The iPhone company is reportedly planning to reveal the futuristic goggles, the company's first major new product since the Apple Watch, in three months at a June event. Executives at Apple have also reportedly questioned the headset's prospects to make a big splash at its initial release, per Bloomberg. The company has reportedly been working on the headset for seven years, and has missed deadlines in 2019 and 2022 for its planned release. Apple is reportedly working on a version that costs $1,500 — half of what the initial headset costs — that will come out within two years of the first launch.

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