Apple Saw Largest Number of iPhone Upgraders Ever in Q1 2021

[mi7chy]

More of Timmy's lip service to think Android owners will downgrade from mask friendly fingerprint authentication to having to resort to the wonderful user experience of holding their breath and pulling down their mask to Face ID or putting up with the hassle of typing in passcode all the time.

 

[The-Real-Deal82]

I don’t think I’ve been in a situation yet where I’ve needed to use my iPhone with a mask on. I don’t really mix with anyone outside of my household and haven’t done since last March.

 

[Mac Prodigy]

Speaking of a slow night on MR, has anyone done any studies between the 11 and the 12 series modems to ascertain if there is a marked improvement with the 12 series?

I’m not sure, but they should!

 

[technole]

you are right. 5G does not benefit you using an iPhone. 5G main beneficial features:
1-high speeds
2-less congestion

Unless you are loading and uploading big files, sending emails or messages won't be any faster on 5g than 4g. Note, with bigger files you have the monthly cap limit. So 5G with 15GB/m is not too beneficial.Congestion is if you live in a crowded area and you do not get signal.

5G is worthless now because they still have not installed enough antennas, you will go many places and won't find a 5G signal. Its also not far reaching. Let me put it this way, give a person a 4G or 5G phone and he won't notice a difference until he downloads the a full season of Seinfeld...IF he finds a singal...IF his cap limit is not over.

This post is full of misinformation considering 5G is blanked in almost every major metro today.

 

[DeepIn2U]

This was the best quarter in corporate history.

The most switchers ever...very scary for competition. Apple isn’t losing its grip...it’s strengthening.

The super-cycle the trading market has been waiting and begging for since the iPhone 6/6S.

 

[Baymowe335]

The super-cycle the trading market has been waiting and begging for since the iPhone 6/6S.

The most comparable revenue quarter was the iPhone X release in Dec 2017. Unit sales being high for iPhone 6 didn’t translate into nearly as high ASPs and revenues of today.

 

[The-Real-Deal82]

The most comparable revenue quarter was the iPhone X release in Dec 2017. Unit sales being high for iPhone 6 didn’t translate into nearly as high ASPs and revenues of today.

Not great for consumers however. The iPhone X did very well in North America but it’s outreach elsewhere was nothing like the iPhone 6. I think the higher price put a lot of people off, much like it still does.

 

[DeepIn2U]

Carriers were literally giving them away for any iPhone 6s or higher in working condition On trade in. I plan on keeping my phone three years and I am paying nothing for it but the tax I spent when I picked it up. Same thing happened with the iPhone 7. Insane carrier incentives that make the phone virtually free and suddenly Apple has a gangbusters quarter. It isn’t impressive when the phone is literally being given away.

Carriers STILL pay Apple their asking price - almost near their retail price. Apple is NOT loosing any money here. The math is there in their revenues - so I’m not sure what you’re really disputing here.

As you stated Carriers are subsidizing the cost of the phone, supplanting the cost in part or in full for ‘fee/$0‘ on contract or monthly agreements. Carriers make their money back on monthly Fees and other services especially with late fees

 

[SactoGuy18]

I upgraded because of 5G and the fact Apple switched back to a decent radio modem chip.

 

[Baymowe335]

Not great for consumers however. The iPhone X did very well in North America but it’s outreach elsewhere was nothing like the iPhone 6. I think the higher price put a lot of people off, much like it still does.

The iPhone X did well all over the world, particularly China. Go look at the data. ASPs were a record at the time, indicating high iPhone X adoption.

In fact, the success of the iPhone X got Apple to where they are today, as all phones share the design. iPhone X was the most important iPhone ever, easily.

 

[The-Real-Deal82]

The iPhone X did well all over the world, particularly China. Go look at the data. ASPs were a record at the time, indicating high iPhone X adoption.

In fact, the success of the iPhone X got Apple to where they are today, as all phones share the design. iPhone X was the most important iPhone ever, easily.

I think there is a difference between a product doing well in relation to the manufacturers predictions and doing well in terms of mainstream adoption. The iPhone X was far away from being a popular iPhone in comparison to the outreach the iPhone 6 had for example. Even today a £1k+ phone is not a mainstream product, let alone when that niche was introduced in 2017.

 

[mi7chy]

Here's reality for Timmy from an Apple fanboy.

 

[DeepIn2U]

The most comparable revenue quarter was the iPhone X release in Dec 2017. Unit sales being high for iPhone 6 didn’t translate into nearly as high ASPs and revenues of today.

Hmm that’s odd ... AppleInsider, sourcing Apple’s own data suggests ..

According to a U.S. Securities and Exchange Commission filing, Apple sold 78.3 million iPhones during its first fiscal quarter of 2017, generating revenue of $54.4 billion. That works out to an ASP of $695 for the company's main money maker.
By comparison, iPhone ASP sat at $691 in the year ago period and managed just $619 during the fourth fiscal quarter of 2016.

AppleInsider

If I’m not mistaken, the iPhone X was launched with the iPhone 8 in 2017. So even in 2016 the iPhone 7 seems to have beating the iPhone X’s ASP.

 

[venom600]

Carriers STILL pay Apple their asking price - almost near their retail price. Apple is NOT loosing any money here. The math is there in their revenues - so I’m not sure what you’re really disputing here.

As you stated Carriers are subsidizing the cost of the phone, supplanting the cost in part or in full for ‘fee/$0‘ on contract or monthly agreements. Carriers make their money back on monthly Fees and other services especially with late fees

And that is relevant, how? The end user is paying virtually nothing. The phone is being given away to users. They don’t care what accounting tricks are being used to pay for it over time. All I know is that I got a iPhone 12 for free and I would not have upgraded if that was not the case. Based on anecdotal evidence from here and talking to the guys at ATT a LOT of people only upgraded because of that. So Apple claiming their best sales ever is totally disingenuous when the phones are being gifted to people.

 

[rui no onna]

If I’m not mistaken, the iPhone X was launched with the iPhone 8 in 2017. So even in 2016 the iPhone 7 seems to have beating the iPhone X’s ASP.

Not quite. iPhone 8 came out first while the iPhone X was delayed to November.

 

[The-Real-Deal82]

And that is relevant, how? The end user is paying virtually nothing. The phone is being given away to users. They don’t care what accounting tricks are being used to pay for it over time. All I know is that I got a iPhone 12 for free and I would not have upgraded if that was not the case. Based on anecdotal evidence from here and talking to the guys at ATT a LOT of people only upgraded because of that. So Apple claiming their best sales ever is totally disingenuous when the phones are being gifted to people.

The full price of the phone ultimately goes to Apple though I think. Whether a user gets the phone ‘free’ and pays £90 a month for the contract attached to it, makes little difference as the cost is accounted for. iPhones have gotten a lot more expensive than they used to be and I think the mid tier devices are more popular because of these price increases. The days of £600 flagship iPhones is long gone and nobody gets a free phone those days sadly.

 

[DeepIn2U]

Not quite. iPhone 8 came out first while the iPhone X was delayed to November.

Same launch cycle ... a few months difference is still in the exact same fiscal and calendar year for Apple. That doesn’t help your debate - it’s still not the highest ASP for iPhones that Apple has seen, not even the 3rd highest.

 

[DeepIn2U]

And that is relevant, how? The end user is paying virtually nothing. The phone is being given away to users. They don’t care what accounting tricks are being used to pay for it over time. All I know is that I got a iPhone 12 for free and I would not have upgraded if that was not the case. Based on anecdotal evidence from here and talking to the guys at ATT a LOT of people only upgraded because of that. So Apple claiming their best sales ever is totally disingenuous when the phones are being gifted to people.

It’s VERY relevant to Apple’s bottom line that you so carefully tried to argue against. Just cause you don’t understand the accounting doesn’t make the quarter less impressive. Doesn’t matter about ‘anecdotal evidence’ or why people chose to upgrade - the fact is they did, like yourself at whatever rate of $$ or non at all up-front suits them. A sale is a sale and a item given still has a cost associated to it - whether you paid for it up front or monthly it’s still a sale and thus counts to Apple’s bottom line regardless of how you try to spin it. This is not disingenuous, try to learn how it works between manufacturers and service providers as it’s been going on for decades with:
Acer, Alcatel, Ericsson, HTC (both as OEM or directly under their brand), Motorola, Nokia, Opel, RIM/BlackBerry, Samsung, Siemens, Sony, SonyEricsson, Vertu (aka Nokia’s former luxury brand), etc etc.

Insane carrier incentives that make the phone virtually free and suddenly Apple has a gangbusters quarter. It isn’t impressive when the phone is literally being given away.

This is really nothing new.

 

[rui no onna]

Same launch cycle ... a few months difference is still in the exact same fiscal and calendar year for Apple. That doesn’t help your debate - it’s still not the highest ASP for iPhones that Apple has seen, not even the 3rd highest.

Same fiscal quarter certainly, but less time in the market and I seem to remember the X being back ordered for quite a while.

Mind you, 1st quarter of FY2017 is iPhone 7 sales (Oct - Dec 2016).

For iPhone 8/X, that would be Q1 FY2018.

https://www.apple.com/newsroom/2018/02/apple-reports-first-quarter-results/https://www.apple.com/newsroom/2018/02/apple-reports-first-quarter-results/

Quick back of the envelope math shows $796 ASP for the iPhone for that period.

 

[rui no onna]

P.S. I do think the sales are impressive. I expected an uptick due to the change in design but it's still remarkable. Of course, part of the higher iPhone revenue is no doubt driven by higher prices (iPhone 12 $799 vs iPhone 11 $699).

There were huge gains in other parts of the world where there were no carrier incentive programs.

And honestly, there've been carrier incentives like this before (tied to add-a-line or switch to unlimited). For me, it's just never been worth the 30-month contract and giving up my grandfathered shared data plan for a more expensive unlimited plan with a lower hotspot limit.