“In a report published Thursday, Credit Suisse analyst Kulbinder Garcha commented on Apple Inc.’s near-term iPhone strength, driven by a better-than-expected mix of iPhone 6 Plus devices,” Jayson Derrick reports for Benzinga.
“Garcha estimated iPhone volume for March rose 38 percent year-over-year to 60 million,” Derrick reports. “The analyst noted that his installed base analysis shows total iPhone users of at least 400 million.”
“Garcha also stated that around 10 percent of the iPhone installed base are indicating a preference to ‘definitely’ purchasing an Apple Watch,” Derrick reports. “This suggests initial Watch volumes could be as high as high as 40 million (versus consensus estimates of 20 million) at an average selling price of over $800 (versus consensus estimates of $500).”
Read more in the full article here.
MacDailyNews Take: 400 million seems very conservative and that 10% is before Apple Watch lands on the wrists of friends and coworkers. That percentage will rise dramatically after Apple Watch launches.
In a survey of 3,489 people conducted in April 2007, two months before Apple launched something called the “iPhone,” ChangeWave found that nearly one-in-10 respondents (9%) said they were likely to buy an iPhone once it became available.
[Thanks to MacDailyNews Readers “Fred Mertz” and “Dan K.” for the heads up.]
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