There is a good reason why Apple executives in recent years have warned us not to pay attention to the rumors of mysterious supply chains about the breakdown of iPhone production: they are often bad. Over the last few weeks we have seen a number of reports claiming that iPhone XR sales have been overwhelming. In fact, many of these reports have been forwarded that the iPhone XR demand is so low that Apple was recently forced to reduce production.
In the process, investors have become quite bearish on Apple shares, not to mention future prospects for companies. In just a few weeks Apple's share price from trading of around $ 231 went down to about $ 172 per share. However, as it turns out, all judgment and stupid appear to be far from the mark of Apple's fall from grace. Of course, for anyone who has followed Apple over the years, one can prove that this scenario seems to play consistently every single year.
Addressing reports that iPhone XR is a dud, Apple took some of a rare step today and revealed that iPhone XR sales are actually quite robust. In an interview with CNET Apple's CEO Greg Joswiak explained that iPhone XR "has been our most popular iPhone every single day since the day was available."
So not only is the iPhone XR doing well, it has been Apple's most popular iPhone model for more than four weeks running. It was clear that Apple felt the heat from the attack of negative stories about iPhone XR sales, and with the tumbling stock price, the company probably believed the need to get up and clear the air.
Now, how many iPhone XR devices Apple sells, yes, Apple has never revealed sales for a single model. Furthermore, Apple recently said that it would no longer reveal unit sales for iPhone. In other words, we really do not want any way to measure how iPhone device sales do it, as the analytics reports and supply chains' rumors have proven to be anything but reliable and accurate.