iPhone 12 preorders twice that of last year’s iPhone 11; Pro demand higher than expected – Kuo
October 19, 2020
Apple analyst Ming-Chi Kuo estimates that iPhone 12 preorders are more than twice the level seen for the iPhone 11 last year. He says that preorders reached somewhere in the 1.7M to 2M range within the first 24 hours, contrasting this with a 500k to 800k range for the iPhone 11.
However, while it has been widely predicted that Apple’s first 5G phones would generate another ‘super-cycle,’…