Wall Street analysts saw strong demand for the Apple iPhone 6 and Apple iPhone 6 Plus

Wall Street analysts saw strong demand for the Apple iPhone 6 and Apple iPhone 6 Plus
Sometime in the next few hours, we should get some estimate of how many new Apple iPhones were sold over the launch weekend. Last year, Apple sold 9 million units of the Apple iPhone 5s and Apple iPhone 5c, up 80% from the 5 million Apple iPhone 5 handsets that were rung up during that phone's launch weekend. But according to one analyst, this figure is "meaningless".

Ben Reitzes, who plies his trade at Barclay's. says that while Apple had stronger sales than expected for the opening weekend, people should not look too deeply into what the numbers might mean. According to the analyst, the figure is determined by how much supply Apple can bring to the market. He figures that demand will remain heavy and an opening weekend sales figure of 10 million or more would be a positive surprise.

Piper Jaffrey's Gene Munster, no stranger to PhoneArena readers, says that sales of both new phones are off to a good start. He says that the line at the Fifth Avenue Apple Store was up 33% from last year, and that in the Midwest, lines were up 39% Still, Munster is looking for weekend sales of just 6.55 million units. But he adds that inventory sell-in could make the difference. Last year, channel filling totaled 3.5 million units.

Maynard Um of Wells Fargo had some interesting figures. He found 67% of buyers interested in the Apple iPhone 6 Plus versus 33% for the Apple iPhone 6. 33% planned to buy the 128GB model of whichever iPhone they bought. That was up from the 22% and 17% over the last two years, who planned on purchasing the most native storage available. Perhaps a stat left over from the days when it was an AT&T exclusive, 39% of those looking to buy the iPhone are AT&T customers. 16% use Verizon, 10% use T-Mobile and 4% are on Sprint. The remainder plan on buying an unlocked model, or use an international carrier.

Last year, Apple was able to sell the Apple iPhone 5s and Apple iPhone 5c in China on launch weekend. This year, a delay in getting certification has resulted to the Chinese relying on smuggled black market models to meet demand. While that could put a crimp in official opening weekends sales, as suggested by the analysts, the strong demand for the two new models could lead to a sales figure higher than expected. Stay tuned!

source: Barron's

Related phones

iPhone 6
  • Display 4.7" 750 x 1334 pixels
  • Camera 8 MP / 1.2 MP front
  • Processor Apple A8, Dual-core, 1400 MHz
  • Storage 128 GB
  • Battery 1810 mAh(14h 3G talk time)
iPhone 6 Plus
  • Display 5.5" 1080 x 1920 pixels
  • Camera 8 MP / 1.2 MP front
  • Processor Apple A8, Dual-core, 1400 MHz
  • Storage 128 GB
  • Battery 2915 mAh(24h 3G talk time)

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27 Comments

1. DogeShibe

Posts: 1121; Member since: Jan 10, 2014

Good job Alan

10. Finalflash

Posts: 4063; Member since: Jul 23, 2013

Well I guess he rehashed the news just fine, other than the 80% higher than last year number which was BS (iPhone 5s + 5c sales vs iPhone 5 sales only, last I checked iPhone 5s sales were about 6.75 million or something on the opening weekend based on carrier activations which is about 12.5% more than the year before for the flagship). Besides that, the analyst is right, it is largely determined by supply and that will once again fix the numbers. Apple releases phones at the same time every year, easy for all their buyers to align their contract hardware renewals with that. Also, China was kind of useless last time, and China Mobile isn't really buying iPhones this year. Japan though was a huge market and they weren't opening weekend either (NT at least wasn't). So that would push their numbers much more than China (although that was largely from having smaller phones, so might not be that big this year).

16. androiphone20

Posts: 1654; Member since: Jul 10, 2013

I don't see a large impact coming from Japan far from what we saw last year, and China did make a great deal of those sales. I think if this weekend sales exceed last year's we will be talking switchers (since China is already off the picture). I have good reason to believe this will be the cause but unfortunately I can't back myself up with any data (but trust me it'll come)

18. Finalflash

Posts: 4063; Member since: Jul 23, 2013

I doubt it, the switcher argument has been thrown around a lot and it really makes little difference because Apple will lose customers in the same amount to those who want a smaller phone or a better one with more upgrades. Now, a lot of the iFan excuses of one handed operation and what not was just to assuage their internal cognitive dissonance. So those people will now forgo that "advantage" and buy the larger iPhones, but a lot of the people who really wanted the one handed operation will not (they otherwise would have bought the newer one too). So likely the switching difference is going to be negligible and offset by the non-large phone crowd. Those guys will now hold off and probably start looking at the competition which is releasing the same screen size in a smaller package. This is all of course just concerning screen size choosing people, the OS lines have already been drawn and likely won't change.

21. androiphone20

Posts: 1654; Member since: Jul 10, 2013

It also stands beyond reason that a lot of people reaching their two year contracts may have been holding on to smaller screen iPhones, we're talking 3.5-inch iPhone 4S and below. So the small screen crowd won't be offset by switchers because let's face it, there aren't any better offerings on Android with smaller screens. With that being said, those (like me) willing to staying with a smaller, 4-inch iPhone do so by purchasing maybe say a 5S and that's not swaying customers away from Apple. It's adding to them. I know anecdotes like this post don't have any significant value beyond being an anecdote but I think, as I mentioned in the above post that even when I can't back my post with any survey, I have a strong feeling most of the switchers are jumping ship from other platforms. Time will tell. PS. Super excited for the October event, I think Yosemite will be great (Yes, I'm holding off)

2. PapaSmurf

Posts: 10457; Member since: May 14, 2012

You heard it first from me - Apple set a new record in terms of sales.

3. DogeShibe

Posts: 1121; Member since: Jan 10, 2014

Lolism :D

25. Arte-8800

Posts: 4562; Member since: Mar 13, 2014

iReligious Welcome to thier iPrison system

4. StraightEdgeNexus

Posts: 3689; Member since: Feb 14, 2014

My bet is on that iPhone 6 Plus will outsell iPhone 6!

5. DogeShibe

Posts: 1121; Member since: Jan 10, 2014

iBet i6 will outsell i6+

7. Finalflash

Posts: 4063; Member since: Jul 23, 2013

That is impossible, Apple isn't shipping them one to one, they are favoring the iPhone 6. These opening weekend sales are largely along supply lines as the article said.

12. androiphone20

Posts: 1654; Member since: Jul 10, 2013

I don't think it's favoring as much as it is about shorter supply on the Plus. I mean I think they're also doing this on purpose because that giant iPhone could cannibalize iPad Mini sales.

19. Finalflash

Posts: 4063; Member since: Jul 23, 2013

No, I doubt it will cannibalize much from the mini. I have a nexus 7 and several 5 inch phones and still use the nexus 7 in bed or for reading because it is just better. The same difference exists between the plus and mini, and it is a very big difference side by side. The phablet market just isn't as big as the conventional size market, so obviously they are shipping proportionally. Plus the size jump may be too much for some iFans going from 4 to 5.5 in a package larger than the competition's 5.7 and what not. So I think they have to approach this cautiously instead of being too optimistic.

22. androiphone20

Posts: 1654; Member since: Jul 10, 2013

I really like your example but let's place an average person into this equation. It turns out this person has never had a phone above 4-inches (or used an Android for that matter), and upon hearing that Apple now has a large screen iPhone buys the 5.5-inch Plus (and God, does that phone look huge) Now this friend of mine, or let's call him Joe. Joe sets off to his friend and we notice that these guys get used to the large screen iPhone. Over time would Joe jeep carrying around a 7.9-inch tablet base product that has no LTE? I think not. I could be wrong but let's face it this could happen and I think Apple knows this.

13. androiphone20

Posts: 1654; Member since: Jul 10, 2013

I don't think it's favoring as much as it is about shorter supply on the Plus. I mean I think they're also doing this on purpose because that giant iPhone could cannibalize iPad Mini sales.

8. androiphone20

Posts: 1654; Member since: Jul 10, 2013

You can take back your bet, Apple doesn't release sales numbers for individual devices.

6. kwirin

Posts: 26; Member since: Sep 16, 2014

Popular doesn't mean best. The best platform is still android, where it's easier to manage, share, transfer files.

9. DogeShibe

Posts: 1121; Member since: Jan 10, 2014

So if MS made easier to manage , share , transfer files it will be the best? Nope. People like WP for what it is. It's the same reason people like iOS and android. Turning WP into a watered down android will not do the job.Also...people need to stop saying that we dont need google/official apps.You dont need it but the WP Store does need it.

11. androiphone20

Posts: 1654; Member since: Jul 10, 2013

insecure?

23. Arte-8800

Posts: 4562; Member since: Mar 13, 2014

Just like iOS. IOS is halfbaked.

14. twens

Posts: 1172; Member since: Feb 25, 2012

You think people care which platform is the best? Honestly then you're fooling yourself. Smartphones have gotten to a point where they all perform the same. Trust me when I tell you they do cos I use both platforms. Irrespective of how the media tried to make IOS look and perform superior. It's no different from android. The performance is the same. People mostly buy apple for the brand and previous impressions the company has set. That's why they keep making record sales. The only sad thing here is we consumers have become slaves and see sales numbers as something meaningful to us. I wanted an iPhone with the processing power like that of the note 4 and a huge screen at a reasonable price but what did I get? Same iPhone 5s with a huge screen and a price that is way more than what I got my 5s for. Consumers don't see this as a ripoff. See how they're are rushing for it. With sales like this, how can Apple ever satisfy the geeks that use their phones? It's a pity

15. DogeShibe

Posts: 1121; Member since: Jan 10, 2014

Thats the problem. Not everyone is a geek. Apple is not best , they're "best at business". You know why tim called iP6 a 'breakthrough' product. The same reason they called ipod,ipad and mac a breakthrough.Think about it.

20. RebelwithoutaClue unregistered

Marketing?

17. androiphone20

Posts: 1654; Member since: Jul 10, 2013

I do like your way of thinking, if you really wanted an iPhone I guess you'd know by now that a smartphone is more than the sum of its specs. What good is an Note 4 power n an iPhone if the A8 runs exceptionally well? A mobile device is a i/o device. It's the GPUs that do most of the work. With a single user and strong constraints on power consumption, Dual core (one controlling the general interface, one controlling the logic of the the apps in compute state) is enough. As well as separate chips to do the dirty work of all the other contextual interrupts (networking, motion,sound), it makes sense to focus on efficiency of fewer cores.

24. twens

Posts: 1172; Member since: Feb 25, 2012

You got my whole point wrong. Me asking for extra powerful internals has got nothing to do with IOS performing nice. It's about more for the money they are asking as a consumer. If you're not a biased apple lover you'll realize that it's a pain to reload almost app once you exit out of it. I use a 5s so I know what I'm talking about. I'm also jail broken and when you begin to add features that doesn't come standard on IOS you begin to realize the hardware needs more punch. It's time you guys stop defending apple. There is nothing wrong with some extra ram and CPU power. It only means a more better user experience and future proofing the device. Besides the huge screen and the insane money apple is asking for, can you tell me what's different about the 5s and the 6??? I thought as much.

26. androiphone20

Posts: 1654; Member since: Jul 10, 2013

You seem really precious and too sensitive for your own and anyone's good. If you came here to whine about the iPhone costing you a lot of money then you're better off buying a server or an Android phone for that matter (if you jailbreak your iPhone then you're not satisfied with what comes with you purchase, look for something to suffice) About anything new on the iPhone I'd say there's a lot of new things that came on the iPhone. If it was already on Android then good for them, but if it's new to iOS then good for everyone. I didn't purchase the new iPhone btw, 4-inches will be okay for now but it will change in a few months. So, how did I get you wrong when you keep ranting that you need a little more RAM or whatever, Are you for real?

27. androiphone20

Posts: 1654; Member since: Jul 10, 2013

and please do point out where I mentioned iOS

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