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Benzinga
Benzinga
Business
Shanthi Rexaline

Why This Apple Analyst Sees iPhone Mix Shifting Toward High-End Models

Apple Nasdaq MingChi Kuo

As Apple, Inc. (NASDAQ:AAPL) gears up to launch its next iPhone iteration this fall, noted analyst Ming-Chi Kuo says the latest A16 processor would be exclusive to the two high-end iPhone Pro models. These two models will account for 55-60% of the total mix, up from 40-50% in the past, he added.

Going forward, Kuo expects the latest processor chip to be exclusive to the high-end iPhone models. A higher shipment proportion of high-end iPhone models will be a norm, the analyst said.

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