Gene Munster of Deepwater Asset Management expects Apple to sell 20 million iPhone Duo units in FY27, well above the Street’s roughly 12 million estimate and about 7% of total iPhone units. He argues the $2,200 price, about 82% higher than the iPhone XS Max at launch, could add roughly $8 billion to the Street’s current FY27 iPhone revenue estimate of $279 billion. Munster projects iPhone growth of 13% in FY27 versus the Street’s 10%, with Duo accounting for 8% of units and 16% of revenue, compared with the Street’s 4% and 7%. Evercore ISI noted Duo delivery dates stretched to late January across tracked regions, which it called a solid demand signal while cautioning that supply constraints may also be a factor. Apple shares are up 28% year to date.
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AAPL
▲ Likely positiveApple Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/23/2026 | 347.73 |
| Change that session | -0.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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