We’re almost there. Investors have been anticipating the arrival of the first generation of
5G iPhones for years now, and the big day—Oct. 13—has almost arrived.
The basics leaked months ago: four new 5G-capable models, plus perhaps a few other hardware announcements. The really interesting questions, however, can’t be answered immediately—in particular, whether the new phones will drive a “supercycle” like 2014’s iPhone 6 launch. The bulls think so. But global economic weakness and reasonable doubts about whether 5G wireless will dramatically change the consumer experience could hurt.
Jeriel Ong laid out his expectations in a research note. Based on earlier rollouts, he estimates that the new phones could go on sale the weekend of Oct. 23-25. That would provide 10 weeks of sales in the December quarter, but only a week of sales before Apple announces September-quarter earnings on