Apple continues to take pre-orders for new iPhone 11 models. The pre-order numerals of the new iPhones are much higher than expected.
Apple began taking pre-orders for new iPhones last Friday. Apple analyst Ming-Chi Kuo issued a report stating that it believes the pre-orders of the iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max, which began on Friday, are far ahead of expectations.
Ming-Chi Kuo used Apple’s online shipment estimates in its report. Kuo stated that there is strong demand for the iPhone 11 and iPhone 11 Pro, especially the demand for new color options.
According to Kuo’s report, there is more demand for the iPhone 11 Pro, which is more expensive than the iPhone 11 in the US. In the Chinese market, the iPhone 11 pre-orders are ahead of the iPhone 11 Pro. Kuo says the zero-interest payment plan and swap programs have increased the sales of new iPhone models.
TF Securities estimated that 65-70 million new iPhones would be sold. However, after the pre-order figures were higher than expected, TF Securities also increased its sales forecasts.
Apple released the iPhone 11 at a price of $ 699. According to Ming-Chi Kuo’s report, the price of $ 699 encourages iPhone 6 and iPhone 7 users to replace their phone with iPhone 11.
Apple began to take pre-orders for new iPhones last Friday. Official sales will begin on September 20.