Gene Munster analyst expressed his opinion related to Apple's wearable device, namely Apple Glasses. According to him, Apple Glasses will be more popular than the iPhone.
Phone Arena reported, Apple Glasses that use Augmented Reality will be launched in 2020, ending the peak of iPhone sales in 2019.
Munster also revealed Apple Glasses will be able to do what the iPhone can do, without the need to use the phone directly. Munster also predicts iPhone profit will grow by 15 percent in fiscal year 2018.
The growth is also expected to contribute to Apple's total profits of 64 percent by 2018. With strong sales expected to be experienced by the tenth anniversary model, iPhone sales in fiscal 2019 will decline year-on-year.
The decline in iPhone sales is due to Apple Glasses which is predicted to be launched in 2020. Meanwhile, between 2020 and 2022, Munster predicts iPhone sales will decrease by 3 to 4 percent from per year.
IPhone sales unit is predicted to decline by 2 percent. Munster also mentioned after the launch of Apple Glasses, the iPhone will still be in demand even though consumers will not be a major profit Apple.
Until now, rumors related to the presence of the latest wearable devices have not received confirmation from Apple. In March, tech analyst Robert Scoble admitted to getting information from employees of Carl Zeiss, that Apple would be interested in creating the device.