Before the launch of the iPhone 11 at the media event last week, it was felt that this year's iPhone product line would be a kind of blanket stop before the release of the iPhone 5G in 2020. To our delightful surprise The iPhone 11 is probably one of the most exciting upgrades we have seen in years, thanks to advanced camera technology and impressive features such as night mode.
Also, Apple has slightly upgraded the entry-level iPhone 11 with a sticker price of $ 699 or $ 399 with a potential trade-in. Overall, demand for Apple's iPhone 11 models seems to be much stronger than originally thought.
So far, the pre-orders for the iPhone 11 have increased significantly compared to the pre-orders for Apple's iPhone 201
Officially available. There are even more data points that indicate that Apple may have a Bonafide hit. While iPhone sales are generally impressive, the popularity of the iPhone 11 is especially notable as iPhone sales growth has largely stagnated in recent quarters.
All this said Wedbush analyst Dan Ives earlier today released an investor announcement claiming that demand for the iPhone was strong and impressive. Of particular interest is that the demand for the iPhone 11 in China should be twice as high as last year.
As for iPhone sales in the US, Ive says:
Demand seems to be strong for Apple as the lines in its flagship store in NYC were ~ 70% higher than last year based on our analysis. In light of our discussions with customers today, we believe that the basic version of the iPhone 11 and the iPhone 11 Pro with 256 GB in the colors of Gray and Gold are in high demand. Up to this point, the lines fluctuated into the afternoon, which is a positive data point for Cupertino, as we saw last year, as the masses quickly disintegrated after the morning rush.
Of course, Apple no longer publishes sales for the iPhone – or any of its products – so we can not know exactly how strong the iPhone 11 sales are . Nevertheless, a quarter-to-quarter comparison of iPhone-based revenues should give us an idea of how strong iPhone sales are, after Apple released its earnings report for the September quarter.