With Apple’s (AAPL) iPhone shipments, the company has been trying to increase its services, which could be its next growth engine. Apple introduced a number of services in a keynote event last month.
Apple will likely work to improve its shipment growth by bringing in new features. According to the latest note to investors from analyst Ming Chi Kuo, Apple’s next flagship smartphone will come with bigger batteries to support a new feature. The feature would let the iPhone wirelessly charge other compatible devices. Kuo expects that Apple will launch three versions of the iPhone this fall.
Apple isn’t pioneering the wireless charging feature
The new feature means that batteries on devices like the Apple Watch could be charged by simply resting it on the back of the new iPhone. Apple won’t be pioneering the feature. Samsung and Huawei have already launched the feature through the Samsung Galaxy S10 and Mate 20 Pro.
According to estimates by Canalys, Apple’s iPhone shipments fell 1.7% in 2018 to 212.1 million and 7.2% YoY (year-over-year) during the quarter ending in December. Apple’s iPhone revenues in the December quarter fell 15% YoY.
However, Apple stock has risen 22.1% in 2019 due to optimism about its upcoming video streaming service.