Apple is set to begin early manufacturing of the iPhone 17 base model in India, marking a significant shift as it will be the first iPhone developed outside of China. Analyst Ming-Chi Kuo indicates that production is expected to start in the second half of 2025, focusing on the standard model to minimize design risks.
Apple has reduced its iPhone 16 orders by 10 million units, primarily affecting the standard model rather than the Pro versions, leading to a production estimate of 84 million units for the second half of 2024. Analyst Ming-Chi Kuo forecasts a decline in iPhone revenues in the first half of 2025 due to lower shipments and a less favorable product mix, coinciding with the anticipated launch of the iPhone SE 4. Despite these challenges, Kuo remains optimistic about Apple's potential in on-device AI, which is set to debut in an upcoming iOS update.
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