iPhone 11 Models Seeing Shortages in NYC

[lunarworks]

Who buys an iPhone mid-cycle? It’s not even a holiday or whatever

People whose contract or subsidy is up and are eligible for an upgrade? People whose phone just died? Not everyone has to have the latest model.

 

[coachgq]

Who buys an iPhone mid-cycle? It’s not even a holiday or whatever

Probably someone who plans on keeping it longer than a year.

 

[cmaier]

Who buys an iPhone mid-cycle? It’s not even a holiday or whatever

1) someone who needs a new phone (because their’s broke, or they need to buy a gift, or they lost their’s, or whatever)
2) someone who buys mid-cycle every year or every second year
3) businesses or other organizations buying phones for their employees
4) someone who keeps their phone for a long time (either for their own use, or because after a year or so they pass it down to the next family member in line)

 

[one more]

I went to the Regent street store in London yesterday, and there were people buying armfuls of iPhone 11s and Mac Pros.

Stay safe everyone.

Might have just been tourists/resellers taking them on to some remote places with no physical or on-line Apple shops. A better indicator would be checking availability directly with Apple on-line. Right now for the UK it says:

iPhone 11 - Delivery 13-17 March (white, all storage sizes)
Mac Pro - Delivery 23-25 March (baseline configuration tower)

Manageable, I would say. ✌️

 

[calstanford]

Makes sense. I see how that would add up!

 

[44267547]

Who buys an iPhone mid-cycle? It’s not even mid cycle

General consumers upgrade at their leisure/whenever is necessary and/or convenient. They don’t pre-plan around the next iPhone keynote like you see others are more aware on sites like this, especially given the majority of consumers can’t even differentiate various ‘year-to-year’ upgraded changes.

 

[dazz87]

Toliet paper, hand sanitizer.....and now Iphone 11????

 

[yakapo]

I’ve got a 50 pack of the best toilet paper you can buy. Will trade for one iPhone 11 Pro.

😂😂😂

 

[anshuvorty]

I think governments and businesses are right now rethinking their business strategy and dependence on China. Just don’t expect an overnight change, but we can certainly see things turning around by the end of the decade or next 15 years. Ultimately, this diversity will be important since it removes all countries reliance on China, provide economic resilience, equality and opportunities globally. Too much eggs in one basket is what led us here. The negative impacts outside of this virus is seen everyday by the Chinese buying up apartments in coastal cities as ‘plan b’ strategies in first world countries and not even living in them making it harder for locals to even live where they work. Now with this epidemic spreading across the world, what are they gonna do? It’s not like you can run away from the virus if everything falls apart in your country due to virus itself causing your government to fall apart.

I was talking to some friends today about this and in some ways, the economic slow down from the virus is likely needed to happen to put things into perspective. (I don’t like it because it’s hurting my investments). But maybe this will mean things will lead to a society where everyone is not just thinking about themselves for a change and not trying to squeeze your pocket so hard.

I just can't believe that it took a global pandemic to make companies and economists realize that diversity is important; even in Econ 101, you are taught to have a diversity of stocks.

How did we get here?

 

[cmaier]

I just can't believe that it took a global pandemic to make companies and economists realize that diversity is important; even in Econ 101, you are taught to have a diversity of stocks.

How did we get here?

How would diversity help here? By definition, a global pandemic is everywhere. Even Iceland has it.

 

[Breaking Good]

Considering the virus can survive on surfaces for a few days, I wouldn't want to buy an iPhone direct from China that was to get here fast, like they do with pre-orders. Next launch will be dicey.

You know you could just wipe it down with an alcohol pad if it bothers you that much.
[automerge]1583715333[/automerge]

I just can't believe that it took a global pandemic to make companies and economists realize that diversity is important; even in Econ 101, you are taught to have a diversity of stocks.

How did we get here?

Anybody who was paying attention would have realized after Trump launched his trade war that it was a bad idea to be so dependent on China.

 

[arvinsim]

How did we get here?

"Greed is good."

 

[MartyvH]

Not everyone has to have the latest model.

That is becoming more and more true each year. Delays in new models don't mean much anymore. (Shock, horror)

 

[ian87w]

What's sad is how people are concerned about their upcoming NEW gadgets, which are luxury devices. Talk about first world privileged crowd.

Not sure if we need to be concerned with those things at this point.

 

[robbietop]

The hissyfit has now spread to supply chain.

 

[cuencap]

This is just not true. For example our subsidiary company in China is closed for several weeks. The roads in Peking and Shanghai are empty. As proof look at NASA pictures concerning pollution in China.
BTW we sell our products in China (our biggest market) at the moment in a quantity of: zero, nothing, nada.

I just looked up Foxconn's latest earnings report and they reported capacity being at 50% on March 3 and expecting to be back to full capacity by the end of the month. So I overstated it with my 90-95%. In my industry, we're seeing employee return rates around those numbers but we don't employee millions of people.
Source: https://www.fool.com/investing/2020/03/06/apple-supplier-foxconn-reports-worst-monthly-reven.aspx

PS - the image you speak of includes the benefits of CNY. I agree with pollution reducing and sales being low in China due to the ripple effects of entire regions being shut down, but your post makes it sound worse than doom and gloom.

 

[JamesMay82]

I wonder if this is a blessing in disguise for Apple from a stock management point of view. If they have to commit to x number of iPhones/parts with suppliers and if sales have slowed then manufacturing slowing down due to Corona it could weirdly be helping Apple out and avoiding any overstocks etc