On August 29th, market research firm Counterpoint released a report stating that the panels of the iPhone 16 series have been shipped since July. The panel shipment volume of the new product series is 20% higher than that of the iPhone 15 series in June and July 2023.
Counterpoint expects the screen sizes of iPhone 16 Pro and iPhone 16 Pro Max to be 6.27 inches and 6.86 inches, respectively.
As early as early July, Zhongzheng Taurus exclusively reported that an Apple industry chain company had slightly raised its stocking target for the iPhone 16 series. After the adjustment, the inventory target for the iPhone 16 series this year is set at around 90 million units.
China CITIC Securities believes that Apple's upcoming autumn release of the iPhone 16 series is expected to increase demand for new devices. According to a research report by China Merchants Securities, the inventory of new iPhone 16 series models is better than last year's models. The release of new products in September and subsequent AI upgrades are expected to bring sustained catalysis. At the same time, we continue to be optimistic about Apple's upward cycle in the next three years, especially in the AI end and cloud computing power layout, which will bring upward elasticity to the domestic Apple chain performance and valuation.