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Unexpected demand for flagship smartphone by Apple

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Unexpected demand for flagship smartphone by Apple
October 04
09:00 2019

Interesting news came from the American high-tech giant Apple. It became known that the company planned to increase the production of the flagship model iPhone 11 by about 10%. This can happen due to higher than expected demand. Thus, about eight million more devices will be available on the market.

We recall that developers from Cupertino presented three new models of the popular smartphones about a month ago. In the States the price for  iPhone 11 starts at $ 699. The novelty is equipped with an additional camera with a 12MP matrix. It has night vision and other pretty things for video and photography. The gadget functions about an hour longer than its predecessor.

Buyers liked the color palette of the new gadgets. You can buy a smartphone not only in black, white or red, but also in green, lavender and yellow. Of course, increased demand will positively affect the financial performance of the already successful company.

 

The material was prepared with the participation of Katya Wilson,
a leading analyst of the brokerage company UFT Group

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