TF Securities analyst Ming-Chi Kuo recently outlined his expectations for iPhone 13, Apple Watch Series 7 and AirPods 3 in a new investors note. Kuo reiterated previous rumors that iPhone 13 Pro will feature up to 1TB storage. In addition, Kuo said Apple will drop the 64GB storage capacity with the upcoming lineup.
Apple to drop 64GB storage option with iPhone 13
According to Kuo, iPhone 13 and iPhone 13 mini will be available in storage configurations of 128GB, 256GB, and 512GB. This means that there will not be a 64GB option for any models. The analyst added that iPhone 13 Pro and iPhone 13 Pro Max will be available in 128GB, 256GB, 512GB, and 1TB configurations.
Kuo is also expecting the tech giant to raise its prices with the upcoming lineup. Regardless of the price increases, Kuo is expecting to see significant year-over-year growth in Phone 13 shipments versus the numbers for iPhone 12.
We believe that iPhone’s current production challenge is the component shortage. Due to the component shortage, the legacy models had been cut by about 5–10% in 3Q21. The iPhone 13 shipment in 4Q21 may have a potential downside risk due to component shortage. However, this downside has a limited impact on iPhone 13 shipments. We believe that iPhone 13 shipments in 2021 can grow by more than 10% YoY (vs. iPhone 12 shipments in 2020).
Reports about Apple’s upcoming iPhone lineup featuring up to 1TB internal storage started surfacing in early 2021. Back in January, serial Apple leaker, Jon Prosser said that most iPhone 13 prototypes do feature 1TB of storage for the Pro models. Prosser noted that Apple could reserve the larger storage variant for its Pro variant due to the fact that lower storage in its more popular phone would push users to rely on paid services like iCloud. The rumor was also corroborated by Wedbush analyst Dan Ives.
As per previous industry reports, Apple’s upcoming flagship iPhone lineup is expected to feature a smaller notch at the top of the display, new camera features, a faster A15 chip with the same core counts as the A14 chip, and updated screen technology that will enable ProMotion and possibly an always-on screen mode.
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