The Galaxy S8 May Be A Great Phone But It Still Hasn’t Put A Dent In iPhone 7 Sales
iPhone 7 sales have been going steady since its launch and with the introduction of the new Galaxy S8, it looks like not much has changed with Apple’s sales figures. A report published recently suggests that Apple is still dominating the premium smartphone space and there is no sign of it slowing down anytime soon.
Apple has been called out for being less than innovative when it comes to introducing new technologies or even a fresh design, however, the iPhone 7 has been remarkably successful for Apple and sales are steady even after 10 months since its launch. Other smartphones like the G6 and the Pixel have not fared well in the market and it seems like nobody can touch Apple at the moment.
In a note to investors, Canaccord Genuity analyst T. Michael Walkley shared that the iPhone 7 is enjoying steady sales and may have even seen a slight increase in June 2017. Even though rumours surrounding the iPhone 8, that is set to launch in September 2017, may cause the sales to slow down, however, reports state otherwise.
“At a minimum, we expect the new iPhone to include an OLED screen (produced by Samsung initially with potential second sourcing in 2018 from Japan Display, Sharp, and AU Optronics) with very high screen to body ratio, the elimination of the home button, fast or accelerated charging, improved stereo speakers, fewer color SKUs, 64GB and 256GB memory options, and possibly improved water resistance,” Walkley writes.
“We also anticipate 3D sensing technology for facial recognition, wireless charging and a full glass body design.”
Apple will reveal its actual iPhone sales figures for the last quarter on August 1st. Its earnings performance will give us a more accurate picture of how the handset has been performing.