Apple reported $33.36 billion in iPhone sales for its fiscal fourth quarter of 2019.
Some analysts are expecting an iPhone sales bump to come from future quarters once Apple releases an anticipated 5G phone. Prior to Apple's earnings release,reported that Apple is planning to ship at least 80 million new 5G iPhones, citing a source familiar with the plans.
Such a move could entice a significant number of iPhone customers to upgrade their current models, as many have hung onto old phones for longer periods of time.that of 1,050 current iPhone owners surveyed, 23% would upgrade to a $1,200 5G iPhone, up from 18% of respondents a few months earlier. The firm said it expects iPhone unit sales to remain steady as some customers hold out for the 5G phones.
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