Analysts at JP Morgan report that demand for the iPhone 18 Pro models in China is stronger than the 17 Pro models from last year, despite Apple reportedly cutting component orders. The analysts characterize the production adjustments as a typical post-launch correction, attributing the cuts to the split launch schedule where Pro models debuted in September while non-Pro models launch early next year. While the 18 Pro models show higher demand, the difference is modest, with some consumers opting to wait for the vanilla iPhone 18.
The firm forecasts a 2% decrease in iPhone revenues due to the delayed non-Pro release, though early adopters may have bolstered Pro model sales. Notably, the 17 Pro generation remains selling strong despite being removed from Apple.com. Looking ahead, JP Morgan predicts the upcoming iPhone Duo foldable will be a "hot ticket item," projecting sales of 8.5 million units before year's end.
This would represent a significant portion of the 20-27 million global foldable shipments expected annually.
Source: GSMArena · Summarized by HeadlinesBriefing