- Apple’s (NASDAQ:AAPL) iPhone X accounts for over 2% of the iPhone active installed base, according to IHS Markit data.
- In the United States, early iPhone X adoption matched that of the iPhone 8 Plus and beat the iPhone 8 and 7 Plus.
- IHS Markit forecasts 88.8M iPhones will ship in Q4 and notes that Apple would only need to ship 31M iPhone X units for the iPhone ASP to exceed $700 for the first time.
- KGI analyst Ming- Chi Kuo expects AirPods shipments to double next year to 26M to 28M units as the shipment window narrows for the accessory.
- In other Apple news, Ireland’s finance minister says the company will start paying its $15.4B in back taxes into an escrow account in 1Q18.
- The repayment comes after the European Commission said apple received unfair incentives from the Irish government. Ireland wants the money in escrow to avoid any liability during the appeal process.
- Apple shares are up 0.85% premarket.
- Previously: Dialog comments on Apple chip rumors (Dec. 4)
- Now read: Apple's Adjusted Gross Margins Indicate A Long-Term Downtrend
Original article