“Apple announced Monday that it sold more than 10 million new iPhones over the first three days of sales — defying analysts’ predictions and beating last year’s record 9 million,” Philip Elmer-DeWitt reports for Fortune. “How were those sales split between the big iPhone 6 and the bigger (and more profitable) iPhone 6 Plus?”
Mobile analytics firms “all show iPhone 6 activity (in-app purchases, etc.) over the first three days outpacing the iPhone 6 Plus by more than seven to one,” P.E.D. reports. “Yet a Piper Jaffray survey of 386 customers lined up Friday to buy iPhones in New York City and Minneapolis returned a very different result: More than half (57%) said they were in the queue to buy the iPhone 6 Plus. Only 43% were there for the iPhone 6.”
“What explains it? China,” P.E.D. reports. “Resellers buying for the Chinese market — where demand for Galaxy Note-size phones is strong and the new iPhones not yet available — dominated first-day Apple Store lines in the U.S., especially in cities like New York, where the Chinese American population, according the 2012 census, is 522,619. On Saturday, one visitor estimated, 90% of the buyers at the Apple’s Soho store were Asians.”
Much more in the full article here.
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