Sales

2017 iPhone 7 production cut by 10 percent

Christian Zibreg ∙ December 30, 2016

Several analysts interviewed recently by The Wall Street Journal opined that iPhone 7's supposed lack of compelling features probably convinced many owners of the exploding Note 7 to opt for another high-end Galaxy handset, and not Apple's flagship phone.

Their remarks were corroborated today by supplier data collected by Japanese newspaper Nikkei Asian Review, which claims Apple is planning to cut iPhone 7 and iPhone 7 Plus orders by ten percent starting in the first quarter of 2017 after they “sold more sluggishly than expected”.

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Why Apple shouldn’t pass on the rumored Jet White iPhone 7

Steffen Reich ∙ Updated May 17, 2018

On Tuesday, Apple afficionados were treated to a new wave of white shell iPhone 7 mock-ups and purported leaks hitting the internet, advancing the notion that the Cupertino-based company could plan to release a white counterpart to their Jet Black coating some time around March 2017.

From an aesthetic standpoint, everyone is going to have their two cents on the necessity of it in the grand scheme of things. Simply by moving the discussion from the fashion sphere to the finance department though, the ambivalence in regard to whether or not this iPhone release is genuinely necessary quickly crumbles and clearly comes down on one side of the fence.

As we will learn in late January, Apple’s first quarter of the fiscal year 2017 is going to look after itself nicely, but in view of the Q2 figures and a long summer following, Jet White definitely needs to happen. Two key reasons must be paid attention to in order to understand the imperative of a Jet White iPhone for a healthier bottom line in the fiscal year of 2017.

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In November, App Store captured highest monthly sales ever in its history

Christian Zibreg ∙ Updated January 6, 2017

According to Phil Schiller, Apple's Senior Vice President of Worldwide Marketing, the App Store last month enjoyed the highest monthly sales ever since its inception in the summer of 2008. “November 2016 was a record breaker for the App Store—the highest monthly sales ever in its history,” reads the tweet.

Although Schiller didn't provide any hard numbers, in just two weeks during last year's holiday season the App Store raked in a massive $1.1 billion revenue from sales of iOS apps and In-App Purchases.

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Tim Cook: Apple Watch sales set new record during first week of holiday shopping

Cody Lee ∙ Updated October 17, 2018

Sales of the Apple Watch to consumers set a record during the first week of holiday shopping, Apple CEO Tim Cook said in an emailed statement to Reuters. Additionally, he says the current quarter is on track to be the best ever for the wearable.

The comments were in response to a Monday report from technology research firm IDC, which estimated that Apple sold just 1.1 million Watches during its Q3, down 71% from the year-ago quarter. But Cook says its growth is off the charts.

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T-Mobile sees improved customer retention on strength of iPhone 7 release

Christian Zibreg ∙ Updated October 17, 2018

Wireless carrier T-Mobile on Monday announced earnings for the September quarter. Total revenues for the quarter were $9.2 billion, an eighteen percent year-over-year increase. T-Mobile said it was able to increase revenue thanks to new T-Mobile One plans and add-ons, the launch of the iPhone 7 and iPhone 7 Plus in September and an influx of prepaid customers who migrated to postpaid plans.

Services revenue during the quarter came in at $7.1 billion, a thirteen percent year-over-year increase. The carrier has added two million new customers during the quarter.

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Apple Watch popup shop in Galeries Lafayette closing January 2017 due to poor sales

Christian Zibreg ∙ October 21, 2016

The original Apple Watch debuted in April 2015 in a few markets, with Apple pushing the $10,000-$17,000 Apple Watch Edition aggressively via pop up shops found in high-profile department stores, including Galeries Lafayette in Paris, Selfridges in London and Isetan in Tokyo. But those pop up shops won't be open for much longer, it would seem.

As reported by French blog Mac4Ever, Apple will be closing the mini-store in Galeries Lafayette effective January 2017 due to poor sales of the device at the location.

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Pegatron CEO and Piper Jaffray slam analysts who predicted poor iPhone 7 sales

Christian Zibreg ∙ Updated October 16, 2018

The CEO of Pegatron, a Taiwanese contract manufacturer that assembles Apple handsets along with Foxconn, told Nikkei Asian Review he remained “cautiously optimistic” about iPhone 7 sales.

His comment targets a recent analyst report from KGI Securities' Ming-Chi Kuo predicting fewer iPhone 7 sales in 2016 than the iPhone 6s garnered in 2015. Analyst firm Piper Jaffray, too, downplayed Kuo's negative report in an interview with AppleInsider, saying it's seeing similarities to the monster iPhone 6 upgrade cycle.

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Top Apple analyst expects fewer iPhone 7 sales than iPhone 6s garnered in 2015

Christian Zibreg ∙ September 26, 2016

Despite Note 7 fires and carriers suggesting iPhone 7 sellouts, top Apple analyst Ming-Chi Kuo of KGI Securities isn't entirely convinced that strong consumer demand will offset slowing shipments. In a note to clients obtained by AppleInsider, Kuo predicted 70-75 million iPhone 7 sales in 2016—lower than that of the iPhone 6s in 2015.

Kuo cautions that strong iPhone 7 sales are not “not entirely due to market demand” because carrier promotions inflated sales numbers and a larger amount of launch countries led to depleted inventories worldwide.

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Apple stops reporting opening weekend sales numbers for new iPhones

Christian Zibreg ∙ September 8, 2016

An Apple spokesperson has confirmed to CNBC that the company won't be reporting opening-weekend sales numbers for the new iPhone 7 and iPhone 7 Plus, giving the publication a funny reason for the unexpected decision: due to demand outweighing supply, Apple feels that first-weekend sales stats are “no longer a representative metric” for investors and customers when it comes to iPhones.

To me, that sounds more like Apple management aiming to pre-empty any further fallout in case launch sales are not as high as Wall Street analysts like to predict.

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MetroPCS to start selling iPhones on July 1

Christian Zibreg ∙ June 30, 2016

MetroPCS, a prepaid wireless carrier in the United States that is part of T-Mobile USA, will start selling Apple's iPhones on July 1 in a limited number of retail stores in Florida. The program should expand nationwide following the Florida launch.

According to the official announcement from T-Mobile, the iPhone 6s and iPhone 6s Plus will be available for $649 and $749, respectively

The iPhone SE and iPhone 5s will be available for $349 and $199, respectively.

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