KGI: iPhone 8 sales are not weak, people are just waiting for the iPhone X
The should have been a clue the and are selling as well as expected, claim industry analysts at KGI. According to their numbers, the two 8 models saw roughly half the sales during the opening week compared to last years iPhone 7. But KGIs Ming-Chi Kuo (usually an authoritative source) expects that the will match the sales of the 8 and 8 Plus combined. This will bring sale numbers back to where they need to be. Earlier, KGI predicted for the X, so its a matter of how fast Apple can make them. Keep in mind that even at equal number of phones sold, Apple will earn more money the $1,000 iPhone X will increase the Average Selling Price (ASP) of Cupertinos product line. Additional curious info from the launch weekend sales show that the iPhone 8 Plus outsold the smaller model. In previous years the smaller and more affordable model lead in the sales. Kuo writes:
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