Looks like the iPhone is set to be snapped up, if recent reports are right. Apple analyst Ming-Chi Kuo has suggested that iPhone 11 demand was better than expected during the first 72 hours of pre-orders, particularly in China. Now it looks like other analysts are backing up Kuo’s claims as we inch closer to the iPhone 11 launch this Friday.
Reuters details that several analysts and retailers are citing supply chain and shipment checks as they claim massive improvements in new iPhone demand compared to last year. JD.com, a Chinese e-commerce site, has also shared that iPhone 11 pre-orders are up by 480 percent compared to last year.
Retailers have even revealed which is the most popular colour for the iPhone 11 Pro; the midnight green. For the iPhone 11, it's black and purple topping the charts in China. Elsewhere, Instinet analysts, a division of Nomura bank, say that iPhone 11 and iPhone 11 Pro demand is “ahead of last year’s launches.” They say that an increase in unit sales could offset a potential drop in average selling price!
Daniel Ives, analyst at Wedbush, has also informed Reuters that early supplier checks throughout Asia indicate that iPhone 11 demand is “looking good” so far. TF Securities analyst Ming-Chi Kuo yesterday increased his estimate for new iPhone shipments in 2019 to 70-75 million units, up from his previous 65-70 million estimate.
The first iPhone 11 and iPhone 11 Pro pre-orders are shipping to customers now, with the devices to be officially available on September 20th.