Plus, just common sense that iPhone 4S inventory would be decreased in preparation for iPhone 5 launch. Historically, 90% of iPhone sales have been the latest model.
iPhone 4S inventories will be kept to the level of anticipated sales. As they drop the price on the 4S when the 5 comes out, the 4S sales may be as strong as the previous quarter.
90% of sales (certainly exaggerated) may still be iPhone 5. Because your looking at 1 year into a 3 year cycle of 4S sales, so it's not peak, but it's probably steady. Remember the 4 still sells.
So again, while it may seem like everyone on this board wants the latest and greatest (though you do see people saying they chose the 4S after the 5 launch), there is no evidence that there is a significant collapse in 4S sales after the 5.
Yep. That's my point. They were estimated to ship 18.0 million units. However, some of those were simply dedicated to filling the channel inventory, so they actually sold less than the 18.0 million that they shipped. Obviously, Samsung's sales channel is significantly larger than Apple's.
Samsung's channel inventory, as far as I understand it, are the phones that are shipped but not yet delivered to the re-seller. It is not unsold phones at the reseller (how I think you're using it).
As the 4S has been in production for a while their channel inventory will be at capacity, whereas Samsung's will have be ramping up (the reseller may be overramped, but this is not Samsung's channel). Thus, Samsung's proportion of sold to in channel will be higher.
It may well be that reseller's are overstocked on GS3s vs. iPhone 4Ss. But again, iphone holds additional stock because it is also a reseller. So in that quarter, in my view, evidence points to the Gs3 slightly outperforming the 4S.
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Well, actually would be more precise comparing
Galaxy SIII, Galaxy SII, Galaxy Note I, Galaxy Note II versus iPhone 3GS, iPhone4, iPhone4S, iPhone5.
That is, we would be comparing Samsung flagship smartphones to Apple smartphones currently being offered worldwide.
And this is certainly more meaningful. On flagships, you could look at used resale prices, unlocked premium 4Ss are around $240, GS3s around $310, and 5s around $500. And then there is always the issue of margins.