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CIRP: iPhone 7 and 7 Plus sales are positive

Written by Andre Yoskowitz (Google+) @ 22 Oct 2016 10:23 User comments (1)

CIRP: iPhone 7 and 7 Plus sales are positive According to a new Consumer Intelligence Research Partners (CIRP) report, the iPhone 7 and 7 Plus accounted for 43 percent of all iPhone sales for the Q3 2016, despite only being available for two weeks before the quarter ended.
The company's research showed that 31 percent of all sales were the iPhone 7 and 12 percent were the dual-camera-packing iPhone 7 Plus.

CIRP says the percentages are high enough to describe the situation as 'a positive reception for the new 7 and 7 Plus models.'

Unsurprisingly, 36 percent of all sales came from iPhone 6 and 6 Plus owners but more surprisingly a large 17 percent came from last year's iPhone 6S and 6S Plus.

Apple is slated to report earnings this week and it will be interesting to see how popular the devices truly are.

Source:
IBD

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1 user comment

124.10.2016 1:28

What a strange conclusion.

When the iPhone 7 came out, the iPhone 6 was being widely trounced based on Touch Disease. The iPhone 5 was many years old. The fact that the iPhone 7 was getting most of the sales isn't a positive statement about the iPhone 7; it was the only choice left given that the other Apple phones were not a realistic choice.

Apple has given the carriers huge subsidies to give away the iPhone 7. Apple's revenues will be high on the iPhone 7; Apple's profits will be a function of how their accountants write off the subsidies.

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