Pre-order for iPhone X opens just a day before launch. iPhone X is much-awaited Smartphone of Apple Inc’s. Brokerage Berstein showed information that company has substantial devices for the demand.
Heightened anticipation around the 10th anniversary iPhone, which opens for preorders on Oct. 27 and begins shipping from Nov. 3, has already dented demand for the just-launched iPhone 8 and 8 Plus.
Apple shares went down Last week due to some negative reports about iPhone X production delays and iPhone 8 models poor sales.
“The excitement surrounding the iPhone X appears to be magnitudes higher than actual purchase intent – 48 percent of respondents agreed/strongly agreed that they were ‘excited for the iPhone X,'” Bernstein told, showing the survey statistics which conducted on 1,112 owners in the United State, UK, and China.
Last month iPhone 8 and iPhone 8 plus was launched by Apple but amid muted reception as fans awaited the iPhone X and survey was conducted by broker KeyBanc Captial Marketer had pointed out that older iPhone 7 models outsold iPhone 8.
The company was not sure about how many iPhone users will go for $999 iPhone X. But now company said the overwhelming majority will still choose an Apple device, according to their survey.
“Consumer loyalty to iPhone remains remarkably strong, despite persistent complaints about high prices and worries about declining innovation, with only 3 percent of respondents stating that their next phone would *not* be an iPhone,” Bernstein said.
Before the launch of iPhone X Apple shares were up 0.5 percent at $157 Monday afternoon.