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iPhone 14 Plus Nonetheless Unsold, Professional Demand Nonetheless Very Robust

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JP Morgan not too long ago lowered its worth goal on AAPL, citing earnings from a troublesome vacation season. On the time, the corporate’s analysts additionally mentioned, “We’re beginning to see indicators that the tailwinds within the product cycle are beginning to wane (particularly for the iPhone and Apple Watch).”

Now in a brand new observe for buyers Apple Insiderthe corporate experiences that whereas demand for the iPhone 14 collection is declining, its market share is seasonally greater than standard. Primarily based on analysis.

“General iPhone share fell barely to 69% throughout all three carriers, in comparison with 70% in December,” mentioned JP Morgan. iPhone 13 cycle and iPhone 12 cycle share is 60%. ”

“iPhone share stays above pre-launch ranges throughout all three carriers and is seasonally greater in comparison with earlier product cycles,” he continued. “Importantly, Wave7’s newest survey reveals a major enchancment in provide his chain from the tip of December to the start of January, particularly with 14 Professional and Professional Max fashions… ”

These two fashions accounted for 36% of the iPhone market share (69% in whole) in January (vs. 34% on Nov. 22), general representing a wholesome transfer to high-end iPhones over the previous two months. emphasised a major combine shift.”

The iPhone 14 Professional Max “continues to carry the best share, however the Plus variant was by far the final,” the analyst continues. “Common throughout all carriers within the US, the iPhone 14 Professional Max had the best market share in January at 19%, adopted by the 14 at 18%, the 14 Professional at 16%, and the 14 Plus on the backside at 7%. .share.”

JP Morgan factors out that the analysis used ended earlier than the launch of the Samsung Galaxy S23.

Curiously, nevertheless, half of the salespeople surveyed additionally point out that extra customers are switching from Android to iOS.

Particularly, 50% of surveyed salespeople say their customers are switching from Android to iPhone. About 5%, or one in ten, imagine that the change from iPhone to Android goes in the other way.

One other 13% imagine the change is “virtually even” and 32% say they “virtually by no means change.”

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