Supply chain sources speaking with Digitimes are confident that Apple will have another blockbuster quarter as the demand for the iPhone 6 and iPhone 6 Plus remains high.
After blowing the minds of Wall Street analysts with Q1 2015 sales – 74.5 million units sold in the December quarter alone, closing the gap to Samsung – Apple is reportedly on the right track to sell roughly 50 million iPhones in the March quarter. That’s a significant 14.4% increase compared to the 43.7 million units reported for the same period last year.
Most of the sales are expected to be made in China as the Lunar New Year Holidays approach. You may recall that Apple overtook Hermes when the iPhone became the most sought-after luxury product in China – this according to a recent report released by Hurun.
Considering that Apple’s sales in the Greater China area – mainly China, Hong Kong, and Taiwan – totaled US$16.1 billion in the fourth quarter of 2014, increasing 70% from a year earlier, it could make sense for sales to rise as the Chinese holiday shopping rush kicks off ahead of the Lunar New Year holiday.