Economics
Apple Expects iPhone Shipments to Return to Growth in 2020
- 5G models are said to help revive sales of signature gadget
- Apple needs to sell its newest iPhones to plug its services
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Apple Inc. expects iPhone sales to return to growth next year as the introduction of a line of 5G devices supercharges demand, a person familiar with the company’s production plans said.
Apple aims to ship more than 200 million handsets in 2020 after introducing more than four new iPhone models, possibly including 4G and 5G models and a low-cost successor to the budget iPhone SE device, the person said. That’s up from analysts’ estimates of about 170 million to 190 million for 2019, snapping at least a year of stagnant sales.