The The iPhone 12 is unlikely to be a landmark success Jeff McElfresh, CEO of AT&T Communications.
He shared his views on the first 5G-enabled iPhones and his company’s work in 6G networks during an interview with CNBC (via MacRumors).
While McElfresh believes many current iPhone owners will be upgrading to the iPhone 1
2, he doesn’t think the number would be large enough to be considered a major event.
His forecast is based on the economic challenges posed by the coronavirus and the high cost of unlimited 5G data.
I believe many iPhone subscribers will upgrade to the device. But I wouldn’t predict that it will be a huge event. I also don’t think it won’t be an event. I think customers will make a calculated decision about what to do based on the economic pressures we all face today. And we’ll be there to offer them every device that Apple will bring to market here soon.
McElfresh suggests that we reduce our expectations of 5G. Before Barclays analyst Tim Long had also warned of the overly optimism about the first 5G-enabled iPhones, reminding us that the first 4G-enabled iPhone could not trigger a super cycle.
As for AT & T’s advances in the next generation He did not share anything essential about 6G networks. After all, 5G networks have yet to go mainstream and it will be years before 6G technology takes hold.
Per analyst there are almost 350 million of the current 950 million iPhones for an upgrade. Sales forecasts are mixed, ranging from Cannacord’s estimates of 168 million units to Wedbush’s forecasts of 215 million.
Apple was apparently hoping to sell 80 million of the new phones this year, but recent reports suggest there might be one Supply and demand gap of around 10 million units due to delayed production.
Phones priced below $ 400 are expected to be over $ 30 70 percent of smartphone sales in 2020, so the outlook for flagship phones isn’t exactly good right now as the top segment will be a hotly contested category this year.