Analyst: iPhone 7 Plus demand is high; but iPhone 7 sales are lower compared with iPhone 6s

Analyst: iPhone 7 Plus demand is high; but iPhone 7 sales are lower compared with iPhone 6s

Well-known Apple analyst Ming-Chi Kuo of KGI Securities has revealed in a recently-released note that the sales of Apple’s new iPhone 7 model have thus far been comparatively lower than the sales of its predecessor, iPhone 6s.

According to Kuo’s projections, Apple will apparently not be able to beat the expected plunge in iPhone 7 sales vis-à-vis iPhone 6s sales, even despite the high demand for the bigger-screen iPhone 7 Plus model and the immense popularity of the Jet Black color option.

Kuo highlighted the fact that even though the sales of the iPhone 7 Plus model is better than anticipated, the lower shipments of the iPhone 7 model is considerably dragging down Apple’s overall sales volume of the new iPhones.

Kuo said in the note that one of the factors responsible for the higher-than-anticipated demand for Apple’s iPhone 7 Plus handset is rival Samsung’s ongoing global recall program for its flagship Galaxy Note 7 handset because of potentially explosive batteries.

Kuo has asserted that the Samsung Galaxy Note 7 handset is being shunned by consumers due to the handset’s battery issues, and the iPhone 7 Plus handset is being chosen as the replacement for the big-screen Galaxy Note 7 handset by a number of consumers.

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