After predicting strong sales of the iPhone XR in China last week, Apple analyst Guo Mingli predicted in a new report that sales of the iPhone XR would be much better than last year's iPhone 8, mainly due to updated iPhone designs, borderless displays and dual-card waiting.
In his report, Guo Mingji updated Apple's estimate of iPhone sales in the first quarter of 2019. He believes sales of the iPhone XR will be higher than expected, with sales projected to rise from 33 million to 35 million units in the holiday season to 36 million to 38 million units. If the sales volume of iPhone XR achieves this figure, its demand will exceed that of last year's iPhone 8.
The report also predicts that the iPhone XR will surpass other competitors in the smartphone market in terms of sales in the first quarter of next year. Although sales of most brands will fall 30 to 40 percent after the holiday season, Guo estimates that sales of the iPhone will fall only 25 to 30 percent from last year.
Out of a bullish view of the iPhone XR, Guo believes Apple will ship 78 to 83 million iPhones in the fourth quarter, higher than his previous estimate of 75 to 80 million. Finally, Guo pointed out that the iPhone XR would be the key to Apple's year-on-year growth of the iPhone in 2019, which is expected to reach 10%.
In a previous report, Guo said Apple would continue to use the IP68's dust and water resistant rating on the new iPhone next year, and predicted that the next generation of the iPhone would remain the same size as this year.