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Musing-Weekly Newsletter

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Strong Early Showings for iPhone 13 in China
 
Barely one week after unveiling the iPhone 13, Apple is already seeing strong initial demand for its flagship product coming out of China.
  • The South China Morning Post reported Wednesday that approximately 5 million pre-orders of the iPhone 13 have been made in the eight days Tim Cook showed off the smartphone. The Post said that online traffic was so heavy that Apple's China site slowed to a crawl, and that Chinese e-commerce company JD.com  took more than 3 million iPhone 13 pre-orders.
  • The four new iPhones--iPhone 13, iPhone 13 Mini, iPhone 13 Pro and iPhone 13 Pro Max--officially go on sale on September 24.
  • Earlier this week, Bank of America analyst Wamsi Mohan said in a research report that initial retail checks showed iPhone 13 pre-orders outpacing those of the iPhone 12 a year ago.
 
The early strong showing occurred with China’s Smartphone market falling 9.9% Y/Y to 23.1 million handsets in August, according to CAICT.

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