Current:Home > Contact-usiPhone 15 demand exceeds expectations, as consumers worldwide line up to buy-LoTradeCoin
iPhone 15 demand exceeds expectations, as consumers worldwide line up to buy
View Date:2024-12-23 22:57:20
If you're looking to get your hands on an iPhone 15, you'll likely have to take a number.
The iPhone 15 hit store shelves worldwide on Friday, drawing large lines at Apple stores in the U.S., China and Europe. The large crowds highlight the strong demand for Apple's latest smartphone, despite its heftier price tag: The basic iPhone 15 selling for $800, the iPhone 15 Plus for $900 and the iPhone 15 Pro for $1,000.
Part of that demand comes from iPhone consumers finally ready to trade in far older devices for something new, Wedbush Securities analysts Daniel Ives, John Katsingris, Steven Wahrhaftig said in a note on Friday.
"Taking a step back, it's all about the pent-up demand," the analysts said. "We estimate 250 million iPhones have not upgraded in 4+ years, massive carrier discounts, and the camera technology/chips in iPhone 15 Pro/Max catalyzing consumers to upgrade."
The iPhone 15 so far has landed between 10% and 12% more pre-orders than the iPhone 14, far exceeding expectations, the analysts said. Demand is especially strong for the iPhone 15 Pro and Pro Max, with the latter model attracting a large number of orders from the U.S., China, India and parts of Europe.
In New York City, Apple CEO Tim Cook greeted customers purchasing Apple's new iPhone 15 during a launch event Friday at Apple's Fifth Avenue flagship store.
That popularity has slowed the completion of pre-order shipments and deliveries for the iPhone 15 Pro and Pro Max, which are now expected to be sent to customers by mid November, according to Wedbush analysts. That's at least two weeks later than previously anticipated.
Consumer frenzy over the latest iPhone wasn't the only thing that had people crowding around Apple stores on Friday, however.
In Paris, roughly 40 Apple workers gathered in front of the company's French flagship store on Friday in heavy rain to demand higher pay. They were joined by more than 2,000 Apple employees across France who are engaging in a strike against the smartphone maker.
- In:
- Apple
- Strike
- iPhone
veryGood! (364)
Related
- Joey Graziadei Details Why Kelsey Anderson Took a Break From Social Media
- Trump says he won’t sign Republican loyalty pledge, flouting debate requirement
- Mega Millions winner? The best way to take your payout if you're worried about taxes.
- Connecticut man charged with assaulting law enforcement in US Capitol attack
- Target will be closed on Thanksgiving: Here’s when stores open on Black Friday
- How did the Maui fires start? What we know about humans making disasters worse
- Pretty Little Liars' Sasha Pieterse Recalls Gaining 70 Pounds at Age 17 Amid PCOS Journey
- Anti-corruption presidential candidate assassinated at campaign event in Ecuador’s capital
- Joey Logano wins Phoenix finale for 3rd NASCAR Cup championship in 1-2 finish for Team Penske
- NFL preseason games Thursday: Times, TV, live stream, matchup analysis
Ranking
- Is Kyle Richards Finally Ready to File for Divorce From Mauricio Umansky? She Says...
- Hank Williams Jr. reflects on near-fatal fall: 'I am a very blessed and thankful man'
- Person shot and wounded by South Dakota trooper in Sturgis, authorities say
- Grimes Shares Rare Insight Into Family Life With Elon Musk and Their 2 Kids
- Justine Bateman feels like she can breathe again in 'new era' after Trump win
- Inside Russia's attempts to hack Ukrainian military operations
- Game on: Which home arcade cabinets should you buy?
- Lahaina, Hawaii, residents share harrowing escape from devastating wildfires: 'Everything is gone'
Recommendation
-
AP Top 25: Oregon remains No. 1 as Big Ten grabs 4 of top 5 spots; Georgia, Miami out of top 10
-
On Chicago’s South Side, Neighbors Fight to Keep Lake Michigan at Bay
-
These rescue dogs fell sick with rare pneumonia in Oregon. TikTokers helped pay the bill.
-
Dramatic video shows 3 fishermen clinging to buoy off Nantucket rescued by Coast Guard helicopter crew
-
Lou Donaldson, jazz saxophonist who blended many influences, dead at 98
-
Average long-term US mortgage rate climbs to 6.96% this week, matching highest level this year
-
ESPN to launch new sports betting platform
-
New car prices are cooling, but experts say you still might want to wait to buy