Apple May Churn Out iPhones Twice a Year in a Shift in Strategy

Services may be the driver of Apple's (NASDAQ: AAPL) growth in the future, but for now, it's still all about the iPhone.

At the start of 2019, shares sank when Apple reported a rare earnings warning, blaming lackluster demand for its iPhone in China. A more recent sell-off in the stock was prompted by U.S.-China trade war fears and the impact it would have on iPhone sales.

As a result of that and as competition intensifies, change may be afoot at the Cupertino, California, tech giant. This change could add stability to both Apple's stock and its iPhone business. Citing supply chain checks, JPMorgan Chase recently predicted Apple could release new iPhone models twice a year. This would mark a huge strategy shift for a company that has stuck to the same script for nearly a decade.

Source Fool.com