Analysis of iPhone sales from CIRP for the fiscal quarter ending March 31, 2018 finds that the iPhone X only accounted for 16% of US iPhone sales. The iPhone 8 and iPhone 8 Plus were more popular at 23% and 21%, respectively.
“We now have a full quarter of results for all of Apple’s new iPhones, and together they account for a smaller share of total sales than the newest phones did this time last year,” said Josh Lowitz, CIRP Partner and Co-Founder. “iPhone X saw its share fall to 16%, down from 20% in the December 2017 quarter. iPhone 8 and 8 Plus share improved relative to the December 2017 quarter, combining at 44% of sales, compared to 41% in the last quarter. This first calendar quarter typically represents baseline demand for iPhones, after the initial launch surge and before any slowdown as buyers begin to anticipate new models. After the initial excitement over the iPhone X features, the highest priced flagship appears to have settled into a smaller share of sales.”
“Surprisingly, iPhone models introduced in 2015 and 2016 continued to show strong sales,“ added Mike Levin, CIRP Partner and Co-Founder. “The year-old iPhone 7 and 7 Plus accounted for almost one-fifth of sales, and the two-year old iPhone 6S and 6S Plus had 13% of sales. Even the SE held its own at 8%, down slightly from 11% in the year-ago quarter, and actually up slightly over the December 2017 quarter. With eight models available, and the newest ones costing close to $1,000, consumers appear to want older, cheaper models that have many of the same features.”
Based on sales by model and storage capacity, CIRP estimates US Weighted Average Retail Price (US-WARP), a version of Average Selling Price (ASP) that Apple reports. For the March 2018 quarter, we estimate US-WARP of $746, down from $766 in the December 2017 quarter, and up from $707 in the March 2017 quarter.
“Based on these results, we expect Apple to report a lower ASP for the March 2018 quarter,” continued Lowitz. “Each quarter we calculate US-WARP, as a proxy for ASP. For the March 2018 quarter, we estimate US-WARP at $746, down from the $766 in the December 2017 quarter. This suggests that reported ASP in the March 2018 quarter is likely to decline.”
Check out the chart below for more details and please follow iClarified on Twitter, Facebook, or RSS for more Apple news, videos, and tutorials.
“We now have a full quarter of results for all of Apple’s new iPhones, and together they account for a smaller share of total sales than the newest phones did this time last year,” said Josh Lowitz, CIRP Partner and Co-Founder. “iPhone X saw its share fall to 16%, down from 20% in the December 2017 quarter. iPhone 8 and 8 Plus share improved relative to the December 2017 quarter, combining at 44% of sales, compared to 41% in the last quarter. This first calendar quarter typically represents baseline demand for iPhones, after the initial launch surge and before any slowdown as buyers begin to anticipate new models. After the initial excitement over the iPhone X features, the highest priced flagship appears to have settled into a smaller share of sales.”
“Surprisingly, iPhone models introduced in 2015 and 2016 continued to show strong sales,“ added Mike Levin, CIRP Partner and Co-Founder. “The year-old iPhone 7 and 7 Plus accounted for almost one-fifth of sales, and the two-year old iPhone 6S and 6S Plus had 13% of sales. Even the SE held its own at 8%, down slightly from 11% in the year-ago quarter, and actually up slightly over the December 2017 quarter. With eight models available, and the newest ones costing close to $1,000, consumers appear to want older, cheaper models that have many of the same features.”
Based on sales by model and storage capacity, CIRP estimates US Weighted Average Retail Price (US-WARP), a version of Average Selling Price (ASP) that Apple reports. For the March 2018 quarter, we estimate US-WARP of $746, down from $766 in the December 2017 quarter, and up from $707 in the March 2017 quarter.
“Based on these results, we expect Apple to report a lower ASP for the March 2018 quarter,” continued Lowitz. “Each quarter we calculate US-WARP, as a proxy for ASP. For the March 2018 quarter, we estimate US-WARP at $746, down from the $766 in the December 2017 quarter. This suggests that reported ASP in the March 2018 quarter is likely to decline.”
Check out the chart below for more details and please follow iClarified on Twitter, Facebook, or RSS for more Apple news, videos, and tutorials.