iPhone 16 Sequence Gross sales Match Apple’s Expectations, Low Demand for Base Fashions: Kuo

iPhone 16 collection was launched by Apple at a particular occasion held in September at Apple Park in California. The most recent smartphone lineup from the Cupertino-based tech big boasts options like a robust A18 household of chipsets, improved design, an Motion button on all fashions, and a brand new devoted Digital camera Management button. Courtesy of those components, the gross sales of the iPhone 16 fashions are stated to have been assembly Apple’s expectations.

iPhone 16 Gross sales

In a publish on X (previously Twitter), TF Worldwide Securities analyst Ming-Chi Kuo offered updates relating to the gross sales of the iPhone 16 collection. It’s urged that demand for the smartphone collection, particularly the iPhone 16 Professional fashions, has met Apple’s expectations to this point and its meeting orders stay unchanged.

In the meantime, demand for the iPhone 16 Professional is claimed to match that of the iPhone 15 Professional from final yr. It additionally advantages from shorter delivery occasions than its predecessor, which was extensively reported to be in brief provide within the preliminary weeks of its sale.

Nevertheless, that’s not the case for the bottom fashions. As per Kuo, the iPhone 16 and iPhone 16 Plus gross sales “stays lackluster”. Thus, Apple has lowered the part orders for mid-November onwards by a 3-5 p.c margin, particularly for the aforementioned fashions.

The analyst suggests Apple’s subsequent focus can be on assembly the demand within the US when Apple Intelligence — its suite of synthetic intelligence (AI) options for iPhone and different gadgets — is rolled out. The AI options are anticipated to reach with the iOS 18.1 replace later this month and hypothesis suggests October 28 because the more than likely date of its launch.

In response to Kuo, the iPhone 16 manufacturing might stay at 88-89 million models within the fourth quarter of 2024, much like beforehand predicted numbers. If this seems to be true, it will be barely decrease than the iPhone 15 collection’ manufacturing numbers which had been reported to be about 90-91 million models.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.