The iPhone 14 series, which is expected to be announced by Apple with an event to be held next fall, has already managed to become the center of attention. According to the statement of Apple analyst Ming-Chi Kuo, the demand for the 2022 model iPhone has overtaken the iPhone 13.
Upfront prices for iPhone 14 doubled
Analyst Ming-Chi Kuo shared the details of his recent meeting with technology distributors and retailers in China. He said stores and distributors prepaid much higher amounts for the iPhone 14 compared to the iPhone 13 models.
Trying to get around stock issues before it was announced in October or November, Chinese stores paid a “significantly higher” deposit than the iPhone 13. It was even claimed that Apple distributors and retailers in some regions paid twice as much upfront.
We know that Apple has been number one in China’s smartphone market for years. In fact, the demand of Chinese users for the iPhone 13 model had reached the peak of all time. This sales success, which continued throughout 2022, caused Apple to break records after a record.
Therefore, we accept the request of Chinese stores to guarantee iPhone 14 stocks. Kuo said that distributors, who did not want to experience any disruption, paid Apple a large amount despite the high deposit.
Strong demand for the iPhone 14 in the Chinese market may ease market concerns about the risk of iPhone 14 orders being cut off after launch.
A while ago, the claim about the increase in iPhone prices came from Taiwan. The Taiwanese government has hiked electricity prices by around 15 percent. TSMC, one of Apple’s production partners, stated that a large amount of increase can be made. Apple is among the most affected.
What do you think about the iPhone 14 prepayment amount? Don’t forget to share your views with us in the comments!
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