KGI Securities calls for information about the poor sales of the iPhone 8 exaggerated

KGI Securities analyst Ming-Chi Kuo (Ming-Chi Kuo) said during a meeting with investors that the negative information on failed sales of the iPhone 8 in the first weekend are extremely exaggerated.

We will remind, Localytics conducted a study which showed that for the first three days the new iPhone 8 and iPhone 8 Plus, took a market share of 0.7%, selling worse than iPhone 7, iPhone 6s, iPhone 6 and iPhone 5s.

Ming-Chi Kuo noted that many observers excessively negative to interpret sales data iPhone 8, forgetting that the main novelty of Apple is still not even available for pre-order. Analysts believe that iPhone sales 8 are a stable, not weak. And if to the initial sales of new products you could add for the iPhone X, then the situation would be completely different.

«At first glance it may seem that the new Apple smartphones are sold much more slowly, — said Ming-Chi Kuo. But the reason is not that the iPhone 8 and iPhone 8 Plus proved unpopular. Case for iPhone X».

According to him, sales of the iPhone and iPhone Plus 8/8 X will be split 50/50, and Apple can collect from 40 to 50 million pre-orders for the iPhone X.



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