Apple’s iPhone 6 Orders Are 20% Higher Than Its iPhone 5S Orders, According To Morgan Stanley

10 years ago | Posted in: Technology | 514 Views

Forget Apple-Beats, which is fun, but really a sideshow for Apple.
Apple is still the iPhone company, and that’s the only thing people really need to pay attention to. The iPhone is 60% of Apple’s sales, and much more of its profit. It’s the number one thing that moves Apple’s stock.

Morgan Stanley analyst Katy Huberty was just in Asia, and she’s hearing that orders for the iPhone 6 are 20% higher than for the iPhone 5S, according to her supply chain sources. She was only expecting a 12% bump in iPhone sales, so this would be a big boost for Apple.

“At this point, we see no major bottleneck in iPhone 6 production and an earlier production ramp could improve volumes early in the cycle,” says Huberty.

Analysts are expecting the iPhone 6 to have a bigger screen, which will lead to a monster upgrade cycle for Apple. There are a lot of iPhone users with a 3.5-inch iPhone 4 or iPhone 4S. Analysts like Huberty believe those people are going to ditch their old, tiny iPhones as soon as the iPhone 6 is out. see more

source: businessinsider

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