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IPhones are “in”: iPhone 12 is pre-ordered more actively than previous models
nineteen.10.2021 [14:39],
Vladimir Mironenko

TF International Securities analyst Ming Chi-Kuo said in a policy brief for investors released on Sunday, October 18 that pre-orders for the Apple iPhone 12 Pro exceeded expectations in the first weekend since registration.

According to the analyst, the volume of pre-orders for the iPhone 12 and 12 Pro in the first weekend after the start amounted to a total of 7 to 9 million units, and these numbers will only grow with the start of sales of the iPhone 12 Pro Max and mini in November. In a note to investors, Kuo indicated that only the iPhone 12 and iPhone 12 Pro will be able to nearly match the iPhone 11 family’s sales in 2021. Experts estimate that Apple shipped between 10 million and 12 million iPhone 11 devices in its first month of sales in 2021.

Kuo previously indicated that his forecasts for the supply of new iPhone smartphones, the iPhone 12 model ranks first with 40-45% of stock. However, the large number of pre-orders for the iPhone 12 Pro forced him to reconsider the proportions of possible shipments of smartphone models.

“Pre-order for iPhone 12 Pro‌ exceeded our expectations due to the initial preference of Apple fans for high demand models in the Chinese market and the approaching seasonal peak in demand in the US and Europe, ”Kuo said in a policy brief. UBS also predicted low demand for the iPhone 12 Pro.

With new demand data emerging, Kuo now believes the iPhone 12 and 12 Pro Max will account for roughly 30-35% of each new Apple smartphone shipment this quarter. Kuo also lowered his forecasts for iPhone 12 Mini shipments, saying that it will only account for 10-15% of shipments (previously forecast was 20-25%). The analyst attributed this forecast to weak demand for a smaller model in the Chinese market.

Pre-orders for new iPhone models in Russia will start on October 21, and the first customers will receive their new smartphones in just two days – on Friday October 23.

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