Apple is expected to launch the iPhone XR this month, a mobile device folks are expected to prioritize since it does cost cheaper than the iPhone XS Series. That said, there are now questions afloat on whether the Cupertino company has ample supply to make sure that demand is met.
TF International Securities analyst Ming-Chi Kuo, someone who has been known to make accurate predictions, believes that Apple will need to raise iPhone XR shipment estimates – particularly in the fourth quarter. After initially projecting 33 to 35 million units, he now expects the company to ship between 36 to 38 million, CNBC said.
Being the most affordable variant of the latest iPhone clan, it looms as the best choice for people who want to upgrade to the latest device from Apple but at an affordable price. However, upgrades are not the sole reason for anyone to buy the iPhone XR. Like most new phones, potential defective units may arise, meaning the need to replace them could also add to the bumped up forecasted shipments.
Replacement demand for the iPhone XR is nothing new for Apple. They experienced the same with the iPhone 8 last year but Kuo believes the numbers will swell this time around. With a larger display, better battery and dual-SIM support, replacement demand is expected to be better for the iPhone XR.
For the benefit of those who may not yet be fully aware of the features of the iPhone XR, this variant boasts of a 6.1-inch LCD display and an A12 Bionic processor which Apple says is 15-percent faster when compared to the A11 chip the iPhone X had, CNet said.
Other key features for the iPhone XR include a single 12 MP main camera, a 7 MP front-facing shooter with 64, 128 and 256 storage options available. The battery reportedly lasts 90 minutes longer than the iPhone 8 Plus, will be dual-SIM capable, and is water-resistant (IP67). The off-contract price for the base model of the iPhone XR starts at $749 for the 64 GB variant. The 128 and 256 GB variants cost $799 and $899 respectively.
The iPhone XR does fall a bit short of the latest technology features when compared to the iPhone XS and iPhone XS Max but should suffice for folks who are working on a budget.
Apple recently saw its shares fall to 2.1-percent recently. However, the company’s stock price jumped 28-percent for the year, helping the Cupertino company gain a market capitalization of over $1 trillion, Yahoo Finance said.
