iPhone 11 Sales Growing; Apple to Step Up Production

In confirmation to the earlier reports, it has emerged that of the three models, the iPhone 11, the iPhone 11 Pro Max and the iPhone 11 Pro, the iPhone 11 is selling the most. Accordingly, Apple is readjusting the production quantities to suit the market realities and cutting down on the volumes of the iPhone 11 Pro Max. Jun Zhang of Rosenblatt Securities has made this and many other predictions in his report. He is generally considered a pessimist in his approach towards Apple’s prospects.

iPhone 11 Sales Beats iPhone XR

According to the figures quoted in Zhang’s report, 12 million units of the iPhone 11 have been sold ever since it was launched by Apple in September. This figure is higher by 15% over its predecessor, the iPhone XR in 2018. Staying with quantities, the prediction for the iPhone 11 and the iPhone 11 Pro is that 70 million units will be sold before the end of the year.

Predictions on iPhone SE2 Sales

Jun Zhang’s report then speaks of the plans Apple is likely to have for the launch of its budget model, the iPhone SE2 in the first quarter of 2020. He has assumed that the production volumes will be 3 million pieces for the first two quarters post the launch. There are others who feel Zhang’s estimation is far off the mark since 20 million pieces of the iPhone SE were sold by the company during the launch period. Moreover, this model is being seen as a much-improved budget model and if the price prediction of $399 is true, Apple can hope to sell in large volumes, close to the 20 million figure of the iPhone SE if not more.

The other anomaly in Zhang’s analysis pointed out by observers is that Apple has now started releasing three models in one go against a single model with just storage variants earlier. The sales volumes of a specific model in a year cannot be compared with the earlier years. These critics point out that Zhang was proved wrong earlier on some of these Apple-iPhone related predictions.