Tons of sources now say that the pre-orders of the iPhone 11 are crushing it – BGR



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An insider familiar with Apple's supply chain said in a note to customers earlier this week that pending orders for the iPhone 11 had started well, just when we found that most of the iPhone's iPhone 11 Pro were exhausted, as were many of the new colors of the iPhone 11. The options. It took Apple less than three days to exhaust the stock of some models, offering delivery estimates of up to three weeks for some of them. But Ming-Chi Kuo is not the only analyst to have seen a significant improvement in sales during the pre-order period.

Kuo has revised its shipping estimates for the iPhone 11 between 70 million and 75 million units in 2019, an increase from the previous forecast of 65 million to 70 million.

As Reuters Several Wall Street analysts also said Monday that sales of iPhone 11 had started better than their predecessors.

The Chinese e-commerce site JD.com revealed Saturday that pre-orders the first day had jumped 480% over the same period last year, the three most popular versions being the Midnight Green iPhone, as well as the black and purple iPhone 11.

Alibaba's Tmall platform saw a 335 percent increase in its iPhone 11 sales on the first day compared to last year's iPhone XR pre-sales, Chinese media Yicai said.

"We are cautious about extrapolating data from the first weekend, even if it's fair to say that it is ahead of last year's launches," said Instinet analyst Broker belonging to Nomura. "If the data on early shipping times were kept and converted to unit volumes, Apple might be able to offset the reduction in this year's average selling price."

Daniel Ives, of Wedbush, said he had checked with suppliers in Asia, including China, and found, like Instinet, that the initial orders looked good.

The phones of the iPhone 11 series are available for pre-order for a few additional days, starting from $ 699 (iPhone 11), $ 999 (iPhone 11 Pro) and $ 999 (iPhone 11 Pro Max). They will be available from September 20th.

Apple no longer reports pre-order performance of the iPhone, and reveals no figures for the iPhone in its quarterly earnings reports.

Image source: Apple

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