“It has been 11 years since the first iPhone was released,” says Koh in a report on Sept 27. “We believe the novelty of iPhone has faded.”
SINGAPORE (Oct 1): UOB Kay Hian is maintaining its “overweight” rating on the telecommunications sector in Singapore despite the launch of the new range of Apple iPhones – the XS, XS Max and XR.
Telcos typically suffer from hefty handset subsidies following the launch of flagship mobile phones. But analyst Jonathan Koh believes telcos here are unlikely to see this happen in 4Q18 from the launch of the new iPhone range, which he describes as “not a game changer”.
