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5G is not an argument: the new iPhones are not too interested in Americans
Yesterday, October 13, the official presentation of the new iPhones took place. The event took place a month later than usual, but Apple announced four devices at once. Only now the demand for them was more than half lower than expected, according to the data of the investment bank Piper Sandler.
In the course of a survey conducted by the bank in December last year, it was revealed that 23% of iPhone owners planned to change their old Apple smartphones to iPhone 12. However, now the share of ready-to-upgrade users has dropped to 10%, Piper Sandler reports, citing a new study in which the bank surveyed 1,000 Americans. The average age of respondents owned iPhones is 2.3 years. This is less than a typical three-year renewal cycle, so the reasons for switching to new models must be very compelling, the investment bank noted.
However, there is reason to believe that the real demand for smartphones of the iPhone 12 family will still be higher than the results of the latest poll say. First, a temporary drop in interest in new Apple devices was a consequence of the COVID-19 pandemic: someone lost their job, someone is not yet sure of their financial future. Second, respondents were asked if they would exchange their old iPhone for a new one at a price of $ 1200. But this is the cost of the flagship model iPhone 12 Pro Max, while the most affordable iPhone 12 mini costs $ 699 in the US, that is, almost half the price.
Analysts from Piper Sandler also asked survey participants about their attitude to smartwatches Apple Watch and iPad tablets. Almost a quarter of respondents showed interest in Apple Watch 6, but only 8% announced plans to buy a gadget. Another 12% of respondents said that more affordable Apple Watch SE increases their likelihood of purchasing an “apple” watch.
As for the iPad, about 15% of respondents are planning to buy a tablet of this family in the near future. The high demand is due to the fact that due to the spread of the coronavirus and the transition to remote work, many have begun to spend more time at home.