分析师预测苹果折叠屏iPhone销量占比达10%

Let's talk about Apple. Under Savannah's this morning folding into the future. IPhone Duo brings an entirely new design while preserving everything you love and expect from iPhone. It gives you the largest display ever on an iPhone while still fitting easily in your pocket. It reflects extraordinarily complex engineering, yet feels effortless to use, and it makes new experiences possible. So here's the latest this morning.

Apple's new CEO, introducing the highly anticipated iPhone Duo along with other product upgrades. Gene Munster of Deepwater Asset Management writing, I expect Apple to outperform big tech over the next week as the significance begins to sink in with investors. Gene joins us now for more. Gene, welcome to the program. Inevitable first question then, what is the significance about this? What are people missing? I think people are missing the the consumer demand for content from the time you get up in the morning to the time you go to bed is insatiable.

And that means it sounds like kind of an odd place to start, but the reality is that bigger screens make those content experiences richer. And most people, as we kind of fast forward, when they think about a foldable phone, they think they don't want one. There's no need. It's a couple percent of the global smartphone market. And what I did what I thought going into the event, we knew what was gonna happen. Credit Bloomberg's Mark Gurman.

I mean, just his coverage in predicting what's gonna happen is, spectacular. So we knew about that, but I had this is probably my fourth or fifth most important topic, the foldable foam, because I just didn't think it was gonna resonate. But the piece that I think missed people are missing and I missed initially was that if you look at the fit and finish of this, the thickness, the quality, the the crease, that bend in the middle, the it's very hard to pick up on.

If you put that together, I think this device is actually going to probably account for 10% of overall iPhone revenue. Now going into the event, I thought it was gonna be something like 5%, and so that kind of accounts for 5% of the the business. And so, I mean, at the most basic level, John, I think what people miss is that even though this is a big price point, most people, I think, are are many people are gonna try to find a way to to get this to work for them.

Again, I think it can account for 10% of of iPhone sales. So this is a big big news for Apple. In particular, it's been a decade since they've come out with a new product that was AirPods back in December '16 that people really cared about. Vision Pro didn't do that. And so that's why I think that this is such a big deal, not only for the numbers, but also for the innovation side. Gina, I don't pretend to have visibility into the future, especially when it comes to technology.

It's a massive blind spot for me, and I'd love you to provide some insight into how you think this plays out. I view this now as the vehicle for the potential software shift further down the road and the capabilities of the AI that I just can't even imagine at this point. How do you think this might complicate complement the future software upgrades we might see from this company? So, you're picking up on something that they hinted to on the event yesterday, which is this idea that a new form factor and, really, what this is is 50% bigger than the largest current the the Pro Max, that that opens up kind of a new canvas for app developers.

And so what you can do, the types of applications when you have a device like this, just opens up new potential. Why that matters is that these new, applications are gonna become increasingly agentic, and that's this whole concept of personalized AI, the ability of the machine to understand personal context, but also do work for you. That's why Meta was up 7% yesterday as they talked about these agents that actually get things done.

But this device is unique because since it is bigger, you're gonna be able to build new applications around that. And I think when you put all this together, when you put kind of the the the duo in combination with what Apple is doing around their whole, yeah, new Siri, I think what it positions Apple is be the best, positioned company when it comes to personalized AI, a whole theme that really hasn't started. What that means is people are gonna buy more Apple devices and probably pay more for apps longer term.

How much, Jane, can we take a look at this, this display and John Turner's first news conference where he released a big product as really a John Turner's era versus the continuation of Tim Cook? Well, this was a Tim Cook product. I mean, this is something that they've been working on for the past decade. But I think what I think stood out I mean, the biggest, event yesterday related to Turnis was even before the prerecord started, he addressed people in Steve Jobs' theater, and he did just a really good job of emphasizing the exciting excitement that he has around future products.

And that's typically a well traveled line for Apple is we're really excited about future products. But he said that in the midst of, really downplaying what they were gonna announce yesterday, kind of focusing really on that future. And so from my perspective, it's John Turner says less about the foldable iPhone, more about ultimately what's gonna come. And go back and credit Mark Gurman here, just to put in a perspective how good he is, is that everything that was announced yesterday, he predicted, but he's also gone out and predicted what John is gonna announce next year and even in 2028.

And I think what you're gonna see is a family more family of AI powered devices. This concept of, devices that are listening all the time. We got a little bit of a preview of some of those features yesterday. This is a big deal in terms of how humanity thinks about how they interact with the world and how these devices capture audio. That's another big theme that I think Turnus is gonna be aggressively going after. Jane, who's the biggest competitor for Apple right now?

Is it the likes of Samsung and, Google and the Pixel, or is it the likes of Amazon Amazon and, Meta who are trying to break into this space too? I mean, mathematically, it's it's Samsung. If you look at the global market share, the iPhone's just over 20%, and Samsung has about 60%. So mathematically, it is Samsung. But when you think about this is the unique part. This is why Apple trades at such a premium and will continue, I think, to go higher is that if you look at, their, just how tightly their products are together, yes, Samsung has individual products that line up with what Apple does, but none of them really fit together as well as Apple does, and then you put the services on.

And I I recognize that sounds like kind of the company talk, but that that's the reality of something. So I would say in another way, I mean, really Apple kinda stands alone when it comes to kinda fitting all this together. And in a world where we're increasingly bringing inputs from all of our devices together, that idea of tightly fitting together, I think, is gonna become increasingly an advantage for Apple. Jane, always finding your insight, particularly on this company.

Thank you, sir. Gene Munster there of Deepwater Asset Management on Apple. Apple grandma this morning