Although growth is slowing, the huge iPhone stock can help Apple increase service revenue. Some analysts believe that Apple's service sector will become the main driving force for Apple's growth in the next five years, with an annual growth rate of 20%.
CIRP data shows thatSince the iPhone 8, the new iPhone stock has reached 45 million, accounting for 25% of the stock, this figure includes the iPhone XS series. The number of iPhone 6s and previous older iPhones was 75 million, accounting for 41% of the stock.
According to this, CIRP said that the iPhone is about to usher in a change of tide, and half of the US iPhone stock will be upgraded to one of the new iPhones.