Before the launch of Apple’s first iPhone 12 series smartphones that support 5G network connections, analysts and research institutes generally expected that iPhone 12 would bring a supercycle to Apple and increase its growth. iPhone shipments boosted Apple’s revenue.
Judging from the latest report of research institutions, the super update cycle brought by the iPhone 12 series will not only boost Apple’s revenue but also boost the scale of the global smartphone market.
Research institutes stated that driven by the iPhone 12’s super refresh cycle and upgraded 5G, global smartphone shipments will increase significantly this year, and the average price of smartphones will also increase, thereby boosting the global smartphone market.
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Specifically, the research institute predicts that global smartphone shipments this year will increase by 7% year-on-year to 1.4 billion units, and the average price of smartphones will reach US$294, a year-on-year increase of 6%. The revenue of the global smartphone market, will increase by 13% year-on-year and is expected to exceed US$400 billion.
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