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Iphone 12 Preorders Twice That Of Last Year’s Iphone 11 - Phones - Nairaland

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Iphone 12 Preorders Twice That Of Last Year’s Iphone 11 by JJmubby: 1:37pm On Oct 19, 2020
Apple analyst Ming-Chi Kuo estimates that iPhone 12 preorders are more than twice the level seen for the iPhone 11 last year. He says that preorders reached somewhere in the 1.7M to 2M range within the first 24 hours, contrasting this with a 500k to 800k range for the iPhone 11.

However, while it has been widely predicted that Apple’s first 5G phones would generate another ‘super-cycle,’ similar to that seen when the company launched the first larger-screened devices which debuted in the iPhone 6, there isn’t yet the evidence to support this scale of demand....


Kuo says that first 24-hour orders for the iPhone 6 were around 4M. However, this year only two of the four iPhone 12 models are yet available for pre-order. Pre-orders for the iPhone 12 mini and iPhone 12 Pro Max don’t officially open until November 6, though some carriers will open theirs before then. In terms of the split between the iPhone 12 and iPhone 12 Pro, Kuo estimates that demand for the more expensive model is higher than expected. The standard model was expected to be the more popular of the two, but early signs in iPhone 12 preorders suggest that demand is split equally between them.

This is interesting when you consider the relatively few advantages of the Pro over the standard model:
* Telephoto lens
* LiDAR scanner
* Max storage of 512GB (versus 256GB)
* Small difference in brightness (800 nits versus 625)
* Apple ProRAW
* Night mode portraits

Looking ahead to when all four models are available, Kuo predicts the following splits:
* iPhone 12 mini: 10-15%
* iPhone 12: 30-35%
* iPhone 12 Pro: 30-35%
* iPhone 12 Pro Max: 15-20%


He believes demand for the mini will be hit by the fact that it doesn’t support dual SIMs, which are popular in China. Demand for small-screen phones is low in the Chinese market anyway, so the combination of factors will limit sales.

The good news for Apple in China is that a combination of two factors are boosting demand for this year’s iPhones. First, demand for Huawei smartphones – a popular alternative to iPhones – has been hit by the US export ban, which means that they are no longer available with Android support and Google apps. Second, Apple’s move into 5G has come at the right time for the country, when there is significant infrastructure and marketing for the faster mobile data standard.

Kuo says the impact on AAPL’s share price is harder to predict. It will depend first on whether pre-orders for the first two models are indicative of sustained demand into November, and second whether demand for the iPhone 12 mini and Pro Max models matches expectations.

MagSafe chargers and cases have begun arriving ahead of the iPhone 12. The phones themselves have also begun to ship, though Apple’s delivery contract specifies that they are not to be delivered before Friday.

So basically, Apple is still Apple, no matter what happens, Apple fans are still going to buy their products.

1 Like

Re: Iphone 12 Preorders Twice That Of Last Year’s Iphone 11 by kelvinslim(m): 1:46pm On Oct 19, 2020
nice one
Re: Iphone 12 Preorders Twice That Of Last Year’s Iphone 11 by Ayomarcel(m): 9:24am On Oct 20, 2020
Nice write ups.

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