This year, Apple has come up with as many as four iPhone 12 series devices. iPhone 12 Mini, is the company’s smallest iPhone. It comes with a display of 5.4 inches only. The other three handsets are iPhone 12, iPhone 12 Pro, and iPhone 12 Pro Max.
All these iPhones come with a Super Retina XDR display. Apple has moved from LCD to XDR in this series. All the handsets support a 5G network, comes with improved cameras. The Pro variants also come with a LiDAR scanner and a telephoto lens as compared to the regular iPhone 12 models. The base variant of iPhone 12 Mini, iPhone 12, and iPhone 12 Pro comes with a price tag of US $ 699, US $ 799, and the US $ 999 respectively.
Ming-Chi Kuo, one of the most famous Apple analysts has released a new investor note highlighting that the demand for the higher-end iPhone 12 Pro models was considerably higher than the expectation.
Earlier, Ming-Chi Kuo predicted that Apple will allocate 40 to 45 percent of its inventory to the iPhone 12 models. These estimations are up from 15 to 20 percent. Now, in this quarter, Kuo estimated that the iPhone 12 and iPhone 12 Pro Max have 30 percent to 35 percent share each for new iPhone shipments.
As per Kuo, “The iPhone 12 Pro pre-order beat our expectation because of Apple core fans’ initial preference for high-end models, the strong demand in the Chinese market, and the coming peak season demand in the US and Europe.”
However, Ming-Chi Kuo has reduced his estimates for iPhone 12 Mini shipments to 10 to 15 percent. This is down from 20 to 25 percent. Kuo concluded that there is a very weak demand for the smaller iPhone in the Chinese market.