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Ming-Chi Kuo: buyers are waiting for the iPhone X and snap up the Apple Watch Series 3 with LTE module

KGI Securities analyst Ming-Chi Kuo (Ming-Chi Kuo) reported that sales of the iPhone 8/8 Plus the yield rates of the iPhone 7/7 Plus last year, because the users waiting for the iPhone X.

According to the expert, usually, the new iPhone over at the warehouses in a matter of hours after the start of pre-order and after launch they have to wait more than a month. This year on the Apple website shipping time iPhone 8 and iPhone 8 Plus is 1-2 weeks, which means that the smartphone will be available on the day of the start of official sales in the US on 22 September, in other countries a week later on September 29.

“Traditionally, the time to send a new iPhone after the start of pre-orders is 3-6 weeks due to limited supply and huge demand. In the case of iPhone 8, shipping time is 1-2 weeks, and may be reduced. Most likely, this is due to the fact that the higher will be the demand for the iPhone X,” notes Kuo.

However, for Apple things are going quite well. Despite the slowdown in iPhone sales, the company is successfully implementing a “smart” watch Apple Watch Series 3. According to experts, sales of smart hours exceed projections made before the official release of the news.

According to the analyst, the Apple Watch pre-orders Series 3 with cellular module was supposed to be 30-40% of the total. In fact, the popularity of the Apple Watch Series 3 with LTE module is about 80-90% of all filings.

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