No recession in sight: iphone 17 demand

The consumer is still showing strength. An iphone isn't a necessity, but the demand is strong. If consumers are willing to shell out over $700 for a phone upgrade, I do not see a recession in sight.

Bucky said:

Apple has asked suppliers to boost production of iPhone 17 model, the Information reports

Apple has told at least two suppliers to boost production of the entry-level model iPhone 17 by at least 30% after strong pre-orders last weekend, the Information reported on Friday, citing people familiar with the matter.

www.reuters.com

The consumer is still showing strength. An iphone isn't a necessity, but the demand is strong. If consumers are willing to shell out over $700 for a phone upgrade, I do not see a recession in sight.

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Good thing for Apple but the average price for a smart phone, iphone or android, is roughly about that same $700.
Not sure if you can claim no recession from that one limited market example.

Eh, I sure wouldn’t pin my impressions of how the economy is doing by the number of brainwashed people, mainly the Gen Z and Millennials, who are conditioned to want/need the latest iPhone every time Apple comes out with one. It’s so automatic that they basically act like Pavlov’s Dog. People being dumb with their money isn’t necessarily a reflection on the economy we all have to operate in.

Someday, these people will figure out a few things. Like getting the new iPhone doesn’t get you the social flex you think it does, even among your friends. Keeping the same cell phone for a few years isn’t any indication that you’re somehow behind the times. And the money you save by not handing over your money to Apple or a cellphone carrier just for a needless upgrade to the latest model, is on the path to better financial standing. You know, more money in your pocket.

I had an Apple 6S since late 2016 until Apple stopped support (especially security support) in late 2023. Now I’ve got an iPhone 15, and I’m keeping it until it fails or until Apple stops supporting it.

People will feed their kid Ramen noodle just to get the next iPhone. So not saying much.
What's the upgrade anyhow?

"Shut up and eat it! Mommy needs another megapixel on her camera!"

Let's not listen to what economists predict based on time-honored wide-ranging models. Let's listen to what @Bucky thinks based on an article about consumer demand for one product from one company!

Chock Full o Nuts said:

People will feed their kid Ramen noodle just to get the next iPhone. So not saying much.
What's the upgrade anyhow?

"Shut up and eat it! Mommy needs another megapixel on her camera!"

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And it is not just the high cost of the phone.
The average cost of a cell plan will run you about $150/month.
I have a smart phone but I do not do social media, music or a lot of internet browsing.
I have it for phone calls, texts, and checking my email and I have a 1G plan and pay $14.95/month and it works for me.

KingLeo said:

And it is not just the high cost of the phone.
The average cost of a cell plan will run you about $150/month.
I have a smart phone but I do not do social media, music or a lot of internet browsing.
I have it for phone calls, texts, and checking my email and I have a 1G plan and pay $14.95/month and it works for me.

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Don't guess I can really say a whole lot on cost myself; as wife and I have Zfold 4's. But at the time, they gave more for our trade-ins than were paid for them. Still left with a chunk to pay, but it certainly was an upgrade for me, as I use a good bit for work related stuff(on-site invoicing, etc). Though no kids left to feed, and didn't have to sacrifice.

Our plan is right at 150 a month for my line(unlimited), and wife and mothers at I think 5GB or so.

Still, strong iPhone orders aren't saying much. It's the gotta have it for some. But I sure as hell ain't running out for the Zfold 7, when this one does the same shit.

KingLeo said:

Good thing for Apple but the average price for a smart phone, iphone or android, is roughly about that same $700.
Not sure if you can claim no recession from that one limited market example.

Click to expand...

I'm holding a snowball, there can't be global warming.

Bucky said:

Apple has asked suppliers to boost production of iPhone 17 model, the Information reports

Apple has told at least two suppliers to boost production of the entry-level model iPhone 17 by at least 30% after strong pre-orders last weekend, the Information reported on Friday, citing people familiar with the matter.

www.reuters.com

The consumer is still showing strength. An iphone isn't a necessity, but the demand is strong. If consumers are willing to shell out over $700 for a phone upgrade, I do not see a recession in sight.

Click to expand...

Apple phones are what percentage of all phones? Three in ten...worldwide.

Mr Person said:

Let's not listen to what economists predict based on time-honored wide-ranging models. Let's listen to what @Bucky thinks based on an article about consumer demand for one product from one company!

Click to expand...

One company with a nearly 4 Trillion cap.

bongsaway said:

Apple phones are what percentage of all phones? Three in ten...worldwide.

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Apple's share of the U.S. smartphone market hovers between 55% and 60%.