×

Why you can’t buy Apple iPhone 7 Plus anymore

Apple CEO Tim Cook, admitted that Apple has received more requests for iPhone 7 Plus than stocks, “particularly on the iPhone 7 Plus versus our forecast going into the product launch."
iPhone 7 Plus

Ever wondered why it is now becoming hard to buy an iPhone 7 Plus. Well, smartphone manufacturer Apple grossly underestimated demand for latest iPhone 7 Plus.

Apple CEO Tim Cook, admitted that Apple has received more requests for iPhone 7 Plus than stocks, “particularly on the iPhone 7 Plus versus our forecast going into the product launch.”

Now, iPhone 7 Plus is on back order across US for many of the smartphones’s color and storage size options, says Apple staff.

Tim Cook said demand for iPhone 7 Plus will soar in coming holiday shopping season, too boosting Apple sales. Tim Cook hoped Apple may suppy enough of smaller iPhone 7s in this Christmas season.

Apple sold 45.51 million iphones in last quarter, but overall iphones sales fell, causing Apple to suffer revenue loss after 2001.

“We cannot fulfill all the demand that is out there right now,” said Apple CFO Luca Maestri on demand for iphone 7 plus from Apple customers.

Now Apple may suffer badly over under estimation of demand for for iphone 7. Apple is not not confident aboyt supplying enough iphone 7 plus units for the season.

smartphone experts said, Apple’s bigger iphone 7 plus could only help usher bigger profits. Apple investors are now worrieed about dip in profit, as Apple has predicted a thinner-than-expected margins after announcing its quarterly earnings last Tuesday.

Apple has announced a margins of 38% to 38.5%, compared to earlier expected 39%.

Here are tweets from Apple CEO on Apple’s new launches of this year:

Top