Apple's waning iPhone demand means the big jump in prices won't be enough, analyst says (AAPL)

pulse

November 14, 2018 6:15 PM

The Apple iPhone's revenue growth has been driven by higher average selling prices, but that setup is no longer enough to offset waning demand.

4. The iPhone XR is heavier than the iPhone XS.

A handful of iPhone suppliers recently cut their outlooks, citing weaker smartphone demand.
These iPhone supplier's guidance cuts suggest a 5% drop in 2019 iPhone unit sales, which is larger than the price increase, Guggenheim says.

Apple's eye-popping iPhone revenue growth has been mainly driven by higher average selling prices (ASPs), but that setup is no longer enough to offset waning demand, according to one Wall Street analyst.

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