“In eight countries, the iPhone X already accounts for over 2% of the iPhone active installed base just three weeks after its first availability on November 3,” Rodney Chan reports for DigiTimes. “The leading countries for iPhone X adoption are markets with high gross domestic product (GDP) per head such as Singapore, Denmark, Switzerland and Japan, according to IHS Markit.”
“Countries where “Plus” model iPhones have been successful in the past have a strong correlation with initial levels of iPhone X adoption, the research firm noted,” Chan reports. “Consumers in those markets have a greater interest in larger displays and high-quality dual cameras, as well as the willingness to pay the higher price a Plus model or iPhone X costs over regular-size iPhones.”
“IHS Markit expects Apple to enjoy its best ever year for iPhone. IHS Markit forecasts each of the next four quarters will see on-year increases in iPhone shipment volumes. In the fourth quarter of 2017, IHS Markit forecasts Apple will ship 88.8 million iPhones – this will be the greatest number of iPhones ever shipped in one quarter,” Chan reports. “Apple will need to ship just 31 million iPhone X units for iPhone average selling price (ASP) to exceed US$700 for the first time in the iPhone’s 10-year history, assuming total shipments amount to 88.8 million.”
Read more in the full article here.
MacDailyNews Take: Apple’s earnings results for this quarter are going to stun Mr. Market!
hope you’re correct, so much wall street manipulation, feels like Bush ideology + euphoria is filling the swamp once again
Don’t sweat Wall Street manipulation. It has not worked. More and more iPhones get sold even with all the Trolls like King K, Botvinik and the press like Forbes etc.
They try so hard but nothing works.
… and thats why they blow their tops so regularly with bile over rational thought, they feel its so unfair that so many simply don’t agree with their prejudices. Long may they suffer.
Question is, will those record sales translate to a boost in Apple’s share price. I don’t trust Wall Street at all. Knowing these analysts, they’ll claim no matter how many iPhones Apple sells, the share price is already baked in and no share price gains are in order. I don’t believe for a second that Apple can STUN the market. Meanwhile, Amazon’s P/E will continue to grow while Apple’s P/E gets compressed. I’m going to sit back and hope for the best upon Apple’s next earnings. Let’s see what happens.
It appears Apple is going to get that repatriation tax break but the market didn’t acknowledge that even a tiny bit today.
Apple shares have not been that shabby lately either.
Stay poitive.
It appears Apple is going to get that repatriation tax break but the market didn’t acknowledge that even a tiny bit today.
I noticed that as well. Actually their value strangely went down on the news, though they seem to be enjoying a rebound today.