Apple's iPhones to cost record $740 on average in 2018, thanks to the X


Just three weeks after its launch, the iPhone X already represented 2% of the active installed user base of iPhones. Given that there are hundreds of millions of those around the globe, to achieve such penetration is pretty telling for Apple's quarterly results to follow. Popular Apple analyst Gene Munster is so pumped by the iPhone X's unrelenting success, that he dares to predict a record $740 average selling price (ASP) for Apple's iPhones in 2018, which is way above the $705 consensus estimate by Wall Street investors. That's compared to a $619 ASP in the quarter before the iPhone X.

Apple may have moved 6 million units around the Black Friday week alone, and a record-breaking fiscal year is expected for Apple in this current, and the next three quarters, riding on the wings of the iPhone X. Analysts expect Apple to end the quarter with about 90 million phones shipped in total, the most that it has managed to sell in a three-month period ever. 

If Apple pulls off another 15 million iPhone X units this month, then the average selling price of an iPhone will pierce through the $700 mark for the first time in its history, giving goosebumps to all funds and retail investors that have scooped up Apple stock. Moreover, the iPhone X demand/supply equilibrium is expected to level out in mid-January, and that's when analysts are expecting some carriers like T-Mobile to start the first BOGOs on the X, which would further pad Apple's bottom line. Now, the question arises, what are they going to do with all that cash coming their way?

source: AppleInsider

Related phones

iPhone X
  • Display 5.8" 1125 x 2436 pixels
  • Camera 12 MP / 7 MP front
  • Processor Apple A11 Bionic, Hexa-core, 2390 MHz
  • Storage 256 GB
  • Battery 2716 mAh(21h 3G talk time)

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11 Comments

1. worldpeace

Posts: 3127; Member since: Apr 15, 2016

That's a good news for investors.. And a bad news for Sheeple..

2. darkkjedii

Posts: 30960; Member since: Feb 05, 2011

Hopefully Apple will make them worth it. New UI look, and some damn actual useful features. IOS is just a complete bore right now.

10. midan

Posts: 2682; Member since: Oct 09, 2017

Boring doesn't mean it's bad, are you using Windows? It's been looking same so many years. Also If you have girlfriend, someday she will be boring when all the exciment is gone, but i hope you still like/love her.

5. Tipus

Posts: 847; Member since: Sep 30, 2016

"Now, the question arises, what are they going to do with all that cash coming their way?" Maybe they will write more checks to iPA? :)))

8. midan

Posts: 2682; Member since: Oct 09, 2017

Localytics today shared their new numbers for december 11 iPhone 8: 3.0% translates to 23.6 million sold An additional 1.6 million iPhone 8 Plus: 3.69% translates to 29.1 million sold An additional 1.7 million iPhone X: 4.03% translates to 35.9 million sold An additional 4.2 million In last 12 days X sold 4.2 million units. Today the numbers are propably around 45 million, that's crazy! X is also outselling 8/8+ combined.

9. worldpeace

Posts: 3127; Member since: Apr 15, 2016

Actually they released new number for Dec'18 Your number match their report (except the your last sentence) And you forgot to write this part: "When looking at the seven days the following results can be calculated. iPhone 8 sales went from 380,000 to 220,000 per day iPhone 8 Plus sales went from 350,000 to 240,000 per day iPhone X sales went from 920,000 to 600,000 per day" sourcehttps://www.forbes.com/sites/chuckjones/2017/12/18/apple-still-selling-over-1-million-iphone-8s-and-xs-per-day/#3de297b853f2

14. sgodsell

Posts: 7176; Member since: Mar 16, 2013

Midian you are pulling numbers out of your butt again. Do you even read what your post? So you think Apple sold 24 million IPhone 8's with 29 million iPhone 8 plus. That is a total of 53 million iPhone 8's sold by December 11th. Then you are putting another fudge number up of 36 million iPhone X's for a total of 89 million 8's and X's. So how many iPhone 7's sold? Or iPhone 6S's sold. For that matter Apple is still selling iPhone 6's and iPhone SE's as well. Midan you know how there is fake news out there. Well you help spread fake news all the time.

11. midan

Posts: 2682; Member since: Oct 09, 2017

Those are future numbers, i posted official numbers for dec 11

13. CreeDiddy

Posts: 2144; Member since: Nov 04, 2011

If Apple are getting these results why not any Android manufacturers with over 85% marketshare?

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