Report: Apple to Miss Shipment Targets for mmWave 5G iPhone 12 model

A recent report by famed Apple analyst Ming-Chi Kuo suggests that shipments for Apple’s upcoming mmWave 5G-enabled iPhone 12 will fall far short of market expectations for this year as well as next year.

Kuo posted a new investor note claiming that Apple will only sell about 4 million to 6 million mmWave iPhone 12 units in 2020 and that number will only increase to around 25 million to 35 million in 2021.

A recent report by Bloomberg claimed that Apple had reported asked it suppliers to build at least 75 million 5G iPhone 12 roughly in line with last year’s launch and with the market estimate of 10-20 million for this year and 40-50 million for the next.

Kuo’s report is a stark contrast to market estimate as well as Apple’s own estimate. According to Kuo, the slower than expected roll-out of mmWave 5G base towers due to the ongoing COVID-19 pandemic will affect the sale of the mmWave model.

Further according to current rumors only the vanilla 5G model will have the slower sub-6GHz band while the iPhone 12 Pro model will support the high-speed mmWave bands. All iPhone 12 models are expected to support 5G, but the mmWave enabled models might only come to the US, Canada, UK, Japan, and South Korea. While Europe and other markets will get only sub-6GHz phones.