Apple: iPhone 12 already reaches 100 million units sold

Expectations were high when Apple launched the iPhone 12 series at the end of 2020. Fortunately for the California giant, consumer appetite was quick to follow: in just seven months, the Cupertino giant had already sold 100 million new devices, according to analysts at Counterpoint Research. This milestone was crossed two months earlier than the predecessor of the iPhone 12, the iPhone 11, and is largely explained by the frenzy of purchases in the United States, which contributed to 40% of global sales of iPhone 12 Pro Max between December 2020 and April 2021.

Result: all lights are green for Apple. The average selling price of the company’s devices has never been higher, meaning that the sales surge is also causing a revenue supercycle for the company. According to Counterpoint researchers, the iPhone 12 series generated 22% more revenue than the iPhone 11 in the first seven months after launch.

To a certain extent, these good figures are due to a favorable context. Smartphone makers are seeing sales surge as countries around the world slowly come out of the worst of the health crisis, in which consumers have spent prudently. Smartphone sales fell 12.5% ​​last year, but much of the consumer spending that was set aside during the health crisis has been postponed to 2021.

Everything is rolling for Apple

Early research from Gartner seems to confirm the trend: In the first quarter of this year, 378 million handsets were delivered, an increase of 26% from the same period last year. The fact remains that Apple unquestionably holds a dominant position in the market: looking at the different devices based on revenue share, Counterpoint found that the iPhone 12 Pro Max, iPhone 12, and iPhone 12 Pro occupy the top three places, with a cumulative share of 22%.

This is because, as many experts predicted before the launch of the iPhone 12 series, the new devices have started a supercycle: the specifications of the handsets, especially 5G capabilities, are convincing enough to that Apple’s loyal customer base upgrades its current smartphone. “Apple is not only the largest smartphone supplier in terms of revenue, but it has also set many benchmarks in the smartphone industry. The latest iPhone 12 series continues this legacy, ”Counterpoint researchers explain.

The last time a supercycle happened for Apple was when the iPhone 6 series released in 2014, which came with larger screens – a major form factor at the time. , which responded to strong pent-up demand. Six years later, notable Series 12 upgrades, in addition to 5G capabilities, include higher RAM, the A14 bionic chip, and a full OLED display, which Counterpoint analysts say have been key in attracting customers – to the point that they were willing to swap out the charger and headphones, which were missing from the boxes of the devices.

By comparison, the iPhone 11, which only had a better camera and better video recording specs, was far from hitting the 100 million shipments mark in the seventh month. According to a recent estimate by Juniper Research, Apple will record, for example, in 2022 a total of $ 200 billion, in a smartphone market with revenues of around $ 560 billion.

Source: ZDNet.com