Fans of the iPhones awaiting the release of the iPhone 6 may be in for some treat. According to various media reports, the latest phone under the banner of Apple’s smartphones may be released to the public earlier than expected. Morgan Stanley’s Analyst Grace Chen said in her report the new Apple smartphone will be released in the third quarter of 2014. Previous rumors had informed iPhone 6 will be launched in the fourth quarter of this year.
Further evidence for a possible earlier-than-expected release date is via news reports published in The China Post and Taipei Times, which informed that 10.5 million of the metal casings for iPhone 6 will be shipped soon by Taiwan’s Catcher Technology, one of the providers of the casings for the iPhone 6. This is approximately 15 percent of the overall order placed by Apple for their iPhone 6 smartphones metal casings.
The news reports said that this order indicated that Apple has plans to sell approximately 70 million iPhone 6 handsets, and it would only be possible if the phone was released at an earlier date than sometime in the fourth quarter.
Meanwhile, Barclays Capital is a step further in optimism – and a tad vaguer – as they predict the launch of the iPhone 6 can be any time in the second half of the year. This means according to Barclays Capital, iPhone 6 may be launched as early as June 2014, though the likeliness of that is almost zero, if the larger picture is observed.
Interestingly, Barclays Capital said an option to replace old iPhones for the latest version may also be possible from September 2014 to August 2015. However, no details were provided on this prediction.
Barclays Capital also believes the iPhone 6 shipments will be 35 percent to 40 percent higher than the shipments of the preceding iPhone 5s, following the launch of the new flagship smartphone.
Identifying the two smartphone-parts firms that are to benefit from the iPhone 6, the firm’s research report said that Catcher Technology will provide up to 20 percent of the casing for the iPhone 6, so it will be a beneficiary. Furthermore, Barclays Capital said that Hon Hai Precision, the owner of Foxconn, would also benefit significantly from the higher shipments of iPhone 6 as a previous report had revealed that Foxconn may manufacture as many as 90 million iPhone 6 units for Apple this year.
Apple is reportedly gearing to announce two models of the iPhone 6 with display sizes of 4.7 and 5.5 inches. Apple needs to hit it right with the new iPhone 6 as sales of the leading smartphones have fallen in the last quarter. While some experts and analysts predict this may be due to the fact that many Apple fans are holding off and waiting for the new, larger screen phone to be launched, many others believe the saturation of the smartphone market and the tough competition, especially from Korean rival Samsung, has finally taken a toll on the firm.
In a related note, it has been speculated a larger iPhone could steal the sales of Apple’s iPad Mini since it is highly likely the consumers would prefer Apple’s larger phone as compared to its smaller tablet. The iPhone and the iPad account for over 75 percent of the firm’s revenues. Since the iPhone 6 may be released earlier than expected, how these speculations fare remain to be seen. Since Steve Jobs, the former chief executive of Apple, introduced the first smartphone in 2007, Apple has been releasing a new iPhone every year.
By Faryal Najeeb