Notification Center

This is our new notification center. Inside, you will find updates on the most important things happening right now.

Notifications

Hmm, push notifications seem to be disabled in your browser. You can enable them from the 'Settings' icon in the URL bar of your browser.

www.phonearena.com

Analyst Ming-Chi Kuo believes iPhone 7 demand has peaked, predicts yearly sales decline

33
Analyst Ming-Chi Kuo believes iPhone 7 demand has peaked, predicts yearly sales decline
The final quarter of 2016 might not be the most prolific for Apple's sales, as renowned KGI Securities analyst Ming-Chi Kuo believes that demand for the iPhone 7 has peaked – just two months after its announcement. His reasons to think iPhone shipment forecasts will have to be revised include lack of technological surprises in the 4.7-inch iPhone 7 and shorter times for delivering online orders of the formerly hard-to-procure iPhone 7 Plus, which could imply slowing demand. However, the analyst isn't fixated on the latter, noting that fixed manufacturing capacity is also a factor in defining whether a device goes out-of-stock.

However, Kuo has reiterated that a year-over-year iPhone shipment decline is possible in the first quarter of 2017, due to the lower-than-expected demand and the strong competition in China, which keeps Apple from capturing highly desirable market share in the country. Low-cost domestic smartphones and intense shopping promotions, such as festivals and flash sales will make it hard for foreign brands to benefit from the Holiday season shopping sprees.

ALSO READ



source: MacRumors

New reasons to get excited every week

Get the most important news, reviews and deals in mobile tech delivered straight to your inbox

Related phones

Apple iPhone 7 specs
  • Display 4.7 inches 1334 x 750 pixels 60Hz Refresh rate
  • Camera 12 MP (Single camera) 7 MP front
  • Hardware Apple A10 Fusion 2GB RAM
  • Storage 256GB, not expandable
  • Battery 1960 mAh
  • OS iOS 15.x
Apple iPhone 7 Plus specs
  • Display 5.5 inches 1920 x 1080 pixels
  • Camera 12 MP (Dual camera) 7 MP front
  • Hardware Apple A10 Fusion 3GB RAM
  • Storage 256GB, not expandable
  • Battery 2900 mAh
  • OS iOS 15.x
FEATURED VIDEO

Latest News

FCC OKs Cingular\'s purchase of AT&T Wireless