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Apple Analyst Optimistic about Robust iPhone XR Sales

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iPhone XR launched last month

As we know, Apple (AAPL) launched its latest range of iPhone products at its annual event last month. According to Apple analyst Ming-Chi Kuo, the iPhone XR is experiencing better preorder demand than the iPhone 8. Kuo also believes that supply chain analysts expecting lower demand for the iPhone XR are wrong, according to an Apple Insider report.

The report states, “iPhone XS customers are ‘Apple fans’ according to the analyst, who are expected to buy a new flagship model immediately. As such, comparing sell-outs of the iPhone XS and resultant shipment delays isn’t a direct parallel to the iPhone XR customer base.”

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Kuo expects 83 million units to be sold in the fourth quarter

Kuo expects Apple to sell 83 million iPhone units in the holiday season of 2018 (the fourth quarter). The analyst expects the iPhone XR to outsell the iPhone 8 driven by improved features such as an extended battery life, a dual-SIM, and a larger display.

There have been concerns about preorder shipment delays for Apple’s latest iPhones. DigiTimes expects seasonal cutbacks in component availability. Analyst Jun Zhang expects the iPhone XR’s sales to be weaker than previously estimated.

While analysts continue to track and estimate iPhone shipments, Apple has consistently beaten these numbers over the last few years.

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