Apples’ year-over-year sales of the new iPhones slipped down by 25% on launch weekend

by Karthik Iyer 4

Apple launched the new iPhones a couple of weeks back, and as expected they had an exceptional start with the sales of these new devices. But according to some new reports, it looks like the company did not get a kind of start they were looking to get. It has now come to a conclusion that the launch weekend for the new iPhones was not as successful as it was originally thought. So even though it was a great start, but it still wasn’t good enough for the company.

The analysis from the German firm concludes that sales were actually 25% lower year-over-year. In fact, according to an estimate made by analog chip suppliers, it looks like the chip orders placed for the new iPhones is likely to fall about 20-percent sequentially in the first quarter of 2017. No the best of news for Apple, is it? They asked its chip makers to keep the integrated circuits in stock for 50 million iPhone units during the third quarter. But now the number has declined to 45 million for the fourth quarter.

Well, if you think that was not that less, for the first quarter of 2017, orders have been reduced even more as the company asking only for about 35 million to 37 million units. However, previous reports state that the chip orders for the new iPhones thus far for the year 2016 have been higher than ever. As a matter of fact, the company has now set a goal of having its manufacturing partners make nearly 100 million iPhone 7 and 7 Plus devices by the end of this year.

This number is way higher than what the suppliers predicted previously. It was predicted that the company would be manufacturing about 80-85 million units. Although the company got a huge response, it is quite shocking to know that the launch weekend sales were not as good as it was expected. Well, now we just have to wait until we receive some accurate numbers from the company themselves. Meanwhile, you can go grab yourself a new iPhone 7 or the iPhone 7 Plus as they are available now to purchase from both online and offline stores.

Karthik Iyer

Karthik is a Computer Science Graduate and a Tech Aficionado who has always found himself fascinated or playing around with all the latest and the best from the world of smartphones and beyond. When he is not working on any smartphone or covering the latest scoop, you can often find playing his favorite PS4 titles.