KGI: Jet Black iPhone 7 production issues hold up deliveries
That iPhone 7 in Jet Black that you pre-ordered weeks ago still hasn’t gotten to you yet? Sit your butt down, your chances are still slim for a fast pickup.
KGI Securities’s Ming-Chi Kuo has a research note saying that the glass-aluminium combination build has been trouble at the factories with yield rates dipping to between 60 and 70 percent. Demand for Jet Black has mounted to about one-third of pre-orders globally and nearly half of Chinese orders.
The firm also found in its pre-orders survey that there was an even split globally between iPhone 7 and iPhone 7 Plus reservations.
All that said, the analyst believes that Apple’s warning of lack of supply have realized. Initial availability of the iPhone 7 expanded from 12 countries in 2015 to 28 this year, exacerbating this year’s totally meaningless sell-out rate.
Kuo still forecasts a down year for iPhone sales through the end of the year, though the number has improved from 65 million to a ceiling of 75 million.