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Army of fans of smartphones Apple will allow the company to sell more iPhone 12
Approaching the date of publication of quarterly reports Apple forces analysts to form their forecasts. Some are focused on the impact of the pandemic, others are distracted by the iPhone 12 sales figures, which started only in the current reporting period. Polls show Apple brand customer loyalty is as high as 90%.
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In fact, this means that the owner of an iPhone of one of the previous generations in nine cases out of ten will give preference to a new smartphone of the same brand. This is evidenced by the results of a survey of 800 smartphone users conducted by RBC Capital Markets. Among the owners of devices running Android, the degree of loyalty to the Google platform does not exceed 71%. It is also interesting that 24% of Android smartphone owners consider Apple products as their next purchase. Sixteen percent of respondents will choose the iPhone model with support for 5G networks. In the Apple ecosystem, each iPhone owner has an average of 1.9 other devices of this brand.
According to Raymond James, the waiting time for iPhone 12 shipments in most markets outside the US stretches for two or three weeks. Pro series models are more difficult to buy, they are often out of stock. If we talk about the third quarter, then many analysts support Apple’s own forecast, according to which the demand for iPads and MacBooks due to continued self-isolation and the beginning of the school year will allow Apple to increase revenue in core business areas. Even Logitech’s third-quarter growth in demand for iPad accessories by 144% inspires optimism. Cowen analysts expect Apple to sell 70 million smartphones in Q4.