Apple (AAPL) stock has fallen in recent weeks amid mounting concerns regarding slowdown in iPhone sales. But the weakness could be offset by strong growth in Airpod sales.
Image courtesy of PIxabay
AirPods are Apple's most popular accessory ever. TF International Securities analyst
Ming-Chi Kuo believes
Apple will launch a new version of Airpods in 2019 which will push shipments
to the range of 50-55 million units, further climbing to 70-80 million units in
2020 and 100-110 million in 2021.
“There is a greater likelihood of legacy iPhone users buying
AirPods than upgrading to new iPhone models,” Kuo said. "Over 1 billion
iPhone users worldwide offer great potential growth opportunities for AirPods.”
Source: CNBC
