Report Of Kuo Suggesting Sale Of iPhone 8 Is “Stable Not Week”: Last week, Apple’s latest iPhone 8 and iPhone 8 Plus was released and it was observed that the sale of the Apple’s new smartphone was low as compared to the last year. Short lines at Apple Store and other retailers indicate that the release was iPhone 8 and iPhone 8 Plus was not exciting for the customers than usual, it was. However, the new report from KGI Securities analyst Ming-Chic Kuo says that the first-week sale of iPhone 8 was “stable, not week”.
Kuo said that the market is ‘excessively negative’ on the first weekend of the iPhone 8 sale as it was only the observed sale of iPhone 8 and 8 Plus model but iPhone X is still waiting to release which will balance the sale of iPhone models and it will be as expected before from the Apple.
The sale of Apple’s iPhone 8 models is also expecting to be affected as many of the customers are waiting for the iPhone X which is going to be released in November. About 50% sales volume is in line with expectations. According to Kuo report, the first-week sale of iPhone 8 and iPhone 8 Plus was almost half of the sale of last year’s release iPhone 7 and iPhone 7 Plus but still, Kuo said it is satisfactory because half of the sale is expecting from iPhone X.
Kuo also said that the 5.5-inch iPhone 8 Plus has gained more popularity than another iPhone models this year as more than half sale in the first week was of iPhone 8 Plus and rest was of 4.7-inch iPhone 8 which is slightly less costly than iPhone 8 Plus. The upcoming iPhone X will come with the highest cost than ever and will surely contribute to increasing the sale level of iPhone models released this year. So from the Kuo’s report, it is believed that the sale of both the iPhone models are on the track and it will reach the level of satisfaction for the investors after the release of iPhone X in November.