Apple was able to sell 40 million iPhone 13s over the holiday season, with Christmas in the middle, according to Wedbush analyst Daniel Ives. The performance is commendable when we know that there is a shortage of components.
Lots of iPhone 13s sold by the end of 2021
In a note, the analyst indicates that the demand for the iPhone 13 was important during the holiday season and it continues to be so at the beginning of 2022. It turns out that the demand has exceeded the supply. during the month of December. But the subcontractors gradually manage to improve, which makes it possible to have correct delivery times.
China has been a source of force majeure for Apple over the past 12 months and a key region for iPhone sales, especially in terms of increasing market share due to the “multi-year supercycle” offered by the company. ‘iPhone 12 and iPhone 13.
At the same time, around 230 million of the world’s 975 million iPhone users have not upgraded in the past three and a half years. It will be interesting to see if several of them will change model in 2022, especially with the iPhone 14.
Daniel Ives also mentions services with Apple Music, iCloud, Apple TV + and Apple Fitness +. According to him, the whole is now worth the equivalent of 1.5 trillion dollars. He concludes his note by noting that Apple will exceed the $ 3 trillion market capitalization mark in 2022. This will be a first.