People will flock to Apple's cheaper iPhone XR at a faster rate than expected, says analyst Kuo

People will flock to Apple's cheaper iPhone XR at a faster rate than expected, says analyst Kuo

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/15/iphone-xr-shipments-kuo-estimate-q4-2018.html

Consumers will be flocking to Apple's new iPhone XR at an unexpectedly fast rate, according to a report from Ming-Chi Kuo, an analyst at TF International Securities.

Kuo, whose known for accurate predictions that result from having close ties to manufacturers in Apple's supply chain, increased his iPhone XR shipment estimate for the calendar fourth quarter by 10 percent on Sunday. He now expects that the company will ship between 36 million and 38 million units in the period, up from a previous prediction of 33 to 35 million.