As Apple, Inc. (NASDAQ:AAPL) gears up to launch its next iPhone iteration this fall, noted analyst Ming-Chi Kuo says the latest A16 processor would be exclusive to the two high-end iPhone Pro models. These two models will account for 55-60% of the total mix, up from 40-50% in the past, he added.
Going forward, Kuo expects the latest processor chip to be exclusive to the high-end iPhone models. A higher shipment proportion of high-end iPhone models will be a norm, the analyst said.
Related Link: Why Apple's iPhone 14 Won't Have an Upgraded Chip
This in turn would benefit high-end component suppliers of the rear camera, including Sony Group Corporation (NYSE:SONY), Largan, Alps, and LG Innotek, he noted.
Price Action: Apple shares closed Tuesday's session up 1.89% at $141.56, according to Benzinga Pro data.
Benzinga's Take: This would make sense for Apple as higher-end models carry a higher margin, having a positive impact on the bottom line.
