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iPhone 7 Might Not Sell as Well as iPhone 6s, Claims Analyst

Omar Sohail
Posted Sep 26, 2016
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Despite the fact that iPhone 7 has had a great run in terms of the pre-order count, it turns out that the future of the newly announced smartphone is not looking too bright, at least according to the wordings of one analyst.

Ming-Chi Kuo Claims That Shipments of iPhone 7 for 2016 Will Be Lower Than Its Predecessor in Comparison to Last Year

Let’s not forget that a primary contributor why iPhone 7 became a favorite amongst consumers was because its biggest rival’s flagship product was completely out of the competition due to Samsung’s own haste. Additionally, the introduction of a new color model also sparked a ton of consumer interest from other individuals, which prompted more purchases.

In fact, Jet Black is the most popular color option according to a survey conducted by KGI. According to the firm, Jet Black accounted for roughly 30-35 percent of pre-orders worldwide, while in China it accounted for 45-50 percent of pre-orders. This was a no-brainer, but the 128GB model has also been the most popular storage variant because it undoubtedly provides the best price/performance ratio for an iPhone storage model. Last year, the difference between a 16GB iPhone 6s and 64GB iPhone 6s was a $100, providing you with just a 48GB storage bump.

This time, you’ll be paying the same amount, but getting twice the storage difference that existed with the iPhone 6s, which in my opinion, is one of the greatest decisions that Apple has taken as far as the storage options were taken into account.

Given below is the complete report summarized by KGI, stating key pointers:

“The iPhone 7 Plus shipment volume outlook is better than expected because of the recall of Samsung’s (KR) Galaxy Note 7 due to exploding batteries and positive reception of the iPhone 7 Plus’s dual-camera feature; we believe the recent share price gains for Apple and its supply chain members mean that these positives have already been priced in.

We forecast iPhone 7 2016 shipment volume will be lower than that for the iPhone 6S in 2015.

The initial iPhone 7 supply shortage was due to better-than-expected demand for the iPhone 7 Plus and undersupply of jet black casings caused by a poor production yield rate of 60-70%; overall demand is still weaker than that for the iPhone 6S.”

Do you think there are chances that iPhone 7 will display better sales in the foreseeable future? Tell us your thoughts right away.

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