🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Analyst: Apple could sell half its usual volume of iPhones in first week

Published 09/13/2017, 08:03 AM
© Reuters.  Analyst: Apple could sell half its usual volume of iPhones in first week
AAPL
-
  • Ovum analyst Daniel Gleeson tells CNBC that the later shipping date of the iPhone X could hurt Apple’s (NASDAQ:AAPL) Q4 earnings.
  • Gleeson says customers might wait on purchasing the iPhone 8 and 8 Plus, which are following the typical launch schedule, in order to see the iPhone X in person before making a device decision.
  • The analyst notes that the typical late September launch becomes a “very very big sales event for Apple” that “always helped perk up their late Q3 numbers and led into very strong Q4s” while this year might alter that trend with a weak Q3 and stronger Q4.
  • Gleeson thinks the first week sales of the iPhone 8 and 8 Plus could come in at under half of the typical 10M to 12M units.
  • Apple shares are down 0.34%.
  • Previously: Apple iPhone Event 2017: Live updates (Sept. 12)
  • Now read: Apple's Product Refresh: Bullish At First Glance


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.