Apple’s cheaper iPhone 11 appears to be the most popular model pre-ordered by Chinese consumers after the US tech giant lowered the premium it billed to users in China According to CNBC analysis, 10.5% and 12.5% for the iPhone 11.
The cheapest model starts at five,499 yuan ($ 777). This price premium is lower than last year’s iPhone XR the equivalent of the new iPhone 11 which scored a 28% premium.
Apple was eventually forced to lower its iPhone prices for this series in China. The cheaper prices for the iPhone 11 have aroused the interest of Chinese consumers. Fenqile, a Chinese e-commerce company and authorized Apple retailer, told CNBC that of all the pre-ordered iPhone 1 1 device including Pro and Pro Max 40% is reserved for the iPhone 11 with 128GB and 22% ordered the iPhone 11 with 64 GB.
These are the two cheapest models from Apple, which means that most of the pre-orders for the iPhone 11 were made the waiting times for the iPhone 11 with 64 GB and 128 GB extend to October 3, nearly two weeks after the release date from the 20th of September.
Delivery times for devices can often give an indication of the most popular models. Some color options for the iPhone 11 are expected to be delivered on 15 October. By comparison, a delivery date for the iPhone 11 Pro Max is estimated to be 26 September in China.
The next hottest pre-ordered model Fenqile is that the iPhone eleven professional Georgia home boy 256GB model, which accounts for approximately 13% of the total iPhone 11 series ordered on the platform, the e-commerce company said.
This phone costs 10,899 yuan in China and should encourage Apple that a small number of consumers are still buying the more expensive models.
Apple has been struggling lately in China. In the second quarter of 2019, deliveries declined 14% year-over-year, while market share fell from 6.4% in the same period last year to 5.8%, according to market research firm analysis.
Daniel Ives, Managing Director According to the director of equity research at Wedbush Securities, there are 60 to 70 million consumers in China in an “upgrade window”.
“China’s sales remain the largest X variable for Cook & Co. next year, with trade tensions and also the Huawei state of affairs remaining black clouds over Cupertino’s head within the region,” Ives aforementioned in a very note on Sunday Apple business executive Tim Cook.