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Apple iPhone XR likely to be top-selling model this year, claims analyst Ming-Chi Kuo

The 'budget' iPhone is likely to outsell its premium siblings.

  • Published: October 16, 2018 2:58 PM IST
Apple iPhone XR blue

Last month, Apple finally launched its much-anticipated 2018 line-up of iPhones. The Cupertino-based technology major introduced three new smartphones – iPhone XS, iPhone XS Max, and iPhone XR – all of which follow a design language that was introduced with last year’s iPhone X. While iPhone XS and iPhone XS Max are premium smartphones through and through, Apple has positioned iPhone XR as a ‘budget’ device. And even though it’s too early to talk about sale volume, it appears this ‘budget’ iPhone is going to outsell its swankier siblings.

Renowned for his near-accurate predictions regarding everything Apple, Ming-Chi Kuo, an analyst with KGI Securities, has claimed that iPhone XR will be the top-selling iPhone model this year. According to a Telecom Talk report, Kuo has predicted that this year, more people would upgrade to iPhone XR, instead of going for iPhone XS or iPhone XS Max.

Last month, Ming-Chi Kuo had said that Apple would ship 75-80 million units of all three new iPhone models for the remainder of 2018. As noted by a report by The Motley Fool, Kuo expects 55 to 60-percent of this year’s iPhone sales to come from iPhone XR.

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Kuo’s predictions shouldn’t be surprising, since this year’s iPhones are the most-expensive Apple has ever launched. If we talk about India, the above-mentioned ‘budget’ iPhone XR starts at a cool Rs 76,900, with the top-of-the-line iPhone XS Max carrying a sky-high price tag of Rs 1,44,900. Given those prices, it’ll be interesting to see how Kuo’s predicted best-seller performs in India, the fastest-growing smartphone market in the world.

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  • Published Date: October 16, 2018 2:58 PM IST