From what we can gather based on pre-orders and how excited carriers appear to be, it would seem that fears about the iPhone 7 doing badly are unfounded. However that excitement seemed to have gone away pretty quickly because recent reports by analysts have suggested that YoY sales on launch weekend are down by 25%.
Now it seems that according to famed KGI Securities analyst Ming-Chi Kuo, he has told AppleInsider that based on their research, they do not think that the iPhone 7 will sell as well as the iPhone 6s. Given that Kuo has a pretty solid reputation when it comes to Apple rumors and predictions, we have little doubt over the accuracy of his research.
The company has estimated that Apple will sell anywhere between 70-75 million iPhone 7 units. This is an increase from the initial 65 million, but mainly because they believe that the situation with the Samsung Galaxy Note 7’s recall will be to Apple’s advantage, meaning that this isn’t so much about what the iPhone is offering customers, but rather due to Samsung’s mishap.
Earlier this year Apple reported for the first time ever a drop in iPhone sales. With the market for smartphones being incredibly saturated, and with Apple not refreshing the design of the iPhone, we guess we can’t say we’re too surprised. Maybe 2017’s iPhone with its all-glass enclosure and OLED screen will improve things, but for now it doesn’t seem that way.