Investment analyst firm JP Morgan reported that iPhone 14 series models are performing better than their predecessors, and there are signs that since January this year, the number of users switching over from the Android camp is significantly higher than in previous years.
In a report to investors, J.P. Morgan noted that demand for Apple’s iPhone 14 is declining, but market share is higher than in previous years, based on Wave7 Research’s survey of sales to major U.S. carriers.
In the report, JPMorgan noted, “iPhone sales share among the three largest U.S. carriers (Verizon, AT&T and T-Mobile) was 69 percent in January, compared to 70 percent in December of last year. But the performance was better than its predecessor, with 67 percent share in the iPhone 13 cycle; compared to 60 percent share in the iPhone 12 cycle.
JPMorgan continued in the report, “iPhone share across all three carriers remains above pre-release levels and has also grown seasonally relative to previous product cycles. Importantly, Wave7’s latest survey highlights significant improvements in the supply chain in late December and early January, particularly for the 14 Pro and Pro Max models …”
The report that a survey of 38 carrier sales managers found that more than 50 percent found that more users were switching from Android to iPhone than switching from iPhone to Android.
