Apple could experience another record fiscal year in 2022 thanks to the iPhone 13.
In an investor note seen by AppleInsider, JP Morgan analyst Samik Chatterjee speculated on what to expect from Apple’s “California Streaming” event tomorrow, as well as what the iPhone 13 and potential iPhone SE update could do for Apple’s financial performance next year. .
The analyst says the current performance of the iPhone 12 line will help the company meet its estimates in the fourth quarter of 2021.
“In our opinion, Apple has already switched to F4Q quite conservatively,” Chatterjee writes. “We think we can still meet our conservative guidelines based on the current momentum in iPhone 12 sales, as well as the momentum in Mac and iPad sales, and a normal delivery time by the end of September will imply reverse consensus estimates.”
Chatterjee is also speculating that the company could release a new version of the iPhone SE 2022. This, in addition to the iPhone 13 line, could sustain the stellar financial performance the company has experienced since the launch of the iPhone 12 series.
Although the iPhone 12 and iPhone 12 Pro marked the pinnacle of 5G smartphones, Chatterjee still believes investors should be excited about the iPhone 13. He says the combination of the iPhone 13 and the new iPhone SE model in 2022 could lead to a “equal or exceed the already record year expected “for iPhone 2021 volumes.
However, the analyst says Apple’s recent 30% growth with its services is “unsustainable”, especially as COVID-19 restrictions are eased around the world.
Apple is expected to announce the iPhone 13, Apple Watch Series 7 and third-generation AirPods at its “California Streaming” event tomorrow.
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