It’s not every day we hear analysts predicting doom and gloom (ahem), but Jefferies & Co. guy Peter Misek has some bad news for those keen to get their hands on Apple’s latest flagship.
Supposedly, production yields of the iPhone 5S are “terrible”, that’s on account of the spanking new Touch ID fingerprint scanner, and as such you should be prepared for disappointment come Friday.
In a telling move, Apple has already chosen not to offer the iPhone 5S for pre-order online. The iPhone 5C, however, is available. Say what?
The obviously inference is that the iPhone 5S might arrive in limited quantities initially – even more so than usual; it’s not uncommon for iDevice shipping time to hit several weeks in the first few days of availability.
Misek guesses that a modest 5-10 million iPhones 5S units will make the grade this quarter, joined by 20 million iPhone 5C handsets and 5-8 million iPhone 4S models.
In the crucial holiday quarter, Misek reckons we’ll see 20-25 million units of the iPhone 5S, 30 million of the iPhone 5C, and a modest 3-5 million of the iPhone 4S.
Assuming demand meets supply, wouldn’t that make the iPhone 5C the biggest selling smartphone of 2013? Interesting.
“We note that the build plans vary widely (much more than normal) depending on the supplier, which we interpret to imply a combination of build cuts and component inventory issues,” yells Misek.
“Prior CQ413 builds were 55 million to 60 million vs. current 48 million to 60 million with almost all of the downside revision due to the 5s.”