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TechApple

Are Apple’s iPhone X Sales Strong or Sluggish?

By
Don Reisinger
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By
Don Reisinger
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January 22, 2018, 10:36 AM ET

When Apple unveiled the iPhone X last year, the company called it the “future of smartphones.” But its fourth-quarter performance doesn’t necessarily tell that tale.

Apple’s iPhone X accounted for 20% of all U.S. iPhone sales during the fourth quarter, Consumer Intelligence Research Partners said (PDF) on Monday. That was enough for the iPhone X to top the iPhone 8 Plus, which accounted for 17% of total iPhone sales during the period, but well behind the iPhone 8, which tallied 20% of sales.

Overall, the three newest iPhone models made up 61% of total iPhone sales. That was down significantly from the 72% share the iPhone 7 and iPhone 7 Plus accounted for in 2016 when they hit store shelves.

At first blush, then, the iPhone X might not seem like a breakout hit. The iPhone 7 Plus in 2016, for instance, earned more than 30% iPhone market share in its first quarter on store shelves. But CIRP partner Josh Lowitz said the iPhone X is altogether different than earlier releases.

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“Comparisons to earlier launches are tricky at best,” Lowitz said in a statement. “First, iPhone X wasn’t available for the full quarter. The Apple model pie is further divided, as they now offer eight models, the most ever. And, Apple launched the new phones on a different schedule, announcing three new models at once, but delaying the launch of the most advanced and expensive one, iPhone X, for five weeks following the launch of iPhone 8 and 8 Plus.”

While Apple announced the iPhone X alongside the iPhone 8 and iPhone 8 Plus in September, the $1,000 handset didn’t actually reach store shelves until November. That gave the iPhone 8 and iPhone 8 Plus nearly two months of time on store shelves before the iPhone X was released. Apple kept a similar September release schedule with other previous iPhones. The fact that the iPhone X was able to reach 20% share in just a couple of months, therefore, suggests it was a reasonable success.

For its part, Apple hasn’t commented on iPhone X sales and how they compare to iPhone 8 or iPhone 8 Plus sales. But the company will hold an earnings call next month that could shed some light on exactly how well its iPhone is performing.

About the Author
By Don Reisinger
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