Canaccord: iPhone 5S/5C Are Selling Well In The US

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In a note to investors, Canaccord Genuity’s T. Michael Walkley said (via Tech.Fortune.cnn) that Apple’s latest handsets have seen very strong initial sales at the four top U.S. carriers and worldwide.

“Our September surveys indicated very strong initial sales and back orders for the iPhone 5s and strong iPhone 5c sales at the four tier-1 U.S. carriers and also in international markets.”

However, Samsung’s S4 continues to hold its own against the iPhone 5c at two of the top carriers – Verison and T-Mobile. This prevented Apple’s iPhone 5s/5c from having a clean sweep of the top 2 positions at all the carriers.

According to Walkley, Samsung current position at Verizon and T-Mobile is attributed to recent price cut of the device:

“We believe these price cuts combined with Samsung’s aggressive marketing and effective advertising campaign for its existing and new high-tier smartphones, such as the recently-launched Galaxy Note 3, could potentially help Samsung reduce high-tier smartphone share losses to Apple in October despite the strong iPhone 5s and 5c demand.”

Canaccord report, follows an earlier study by Raymond James – Analysts Tavis C. McCourt and Daniel Toomey. They said that Apple’s smartphone share in the US had risen approximately 10 percent in the early days of the iPhone 5S and 5C launch. They surveyed more than 500 people between Sept. 16 and 17.

According to the study (via Value Walk):

Their survey found that Apple Inc. edged out Android with 50 percent of the users in their survey. That’s an increase of 10 percent market share. Android had 45 percent of the market. The analysts found that retention rates for Android increased to 80 percent, a new all-time high for their survey. Apple Inc. retention rate was 86 percent, highlighting just how sticky both of the top two platforms are. They believe that fewer users are switching platforms now because the market is starting to age and users have made their decision about which platform they like best.

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The launch of the iPhone 5s/5c will ensure Apple’s smartphone market share continues its strong growth in the US.

Posted by | Posted at October 7, 2013 09:27 | Tags: , , ,
Storm is a technology enthusiast, who resides in the UK. He enjoys reading and writing about technology.

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