Apple's iPhone 15 Pro Sales Decline While Pro Max Rockets: Ming-Chi Kuo's Insights
Portfolio Pulse from Ananya Gairola
Apple Inc.'s iPhone 15 Pro is facing decreased demand while the Pro Max model is demonstrating remarkable sales performance, according to analyst Ming-Chi Kuo. The iPhone 15 Pro Max demand has surpassed expectations, potentially driven by advanced features and a robust fan following. However, production delays and difficulties have contributed to limited shipments. Kuo remains optimistic about his previous prediction that Apple will sell 80 million units of the iPhone 15 series this year.
September 18, 2023 | 8:19 am
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Apple's iPhone 15 Pro is seeing decreased demand while the Pro Max model is outperforming expectations. Despite production challenges, analyst Ming-Chi Kuo predicts Apple will sell 80 million units of the iPhone 15 series this year.
The news directly pertains to Apple's latest product lineup and sales predictions. The strong performance of the iPhone 15 Pro Max could potentially offset the decreased demand for the iPhone 15 Pro, contributing to a positive short-term impact on Apple's stock. However, production delays could pose a risk.
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