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iPhone 5C sales predictions slashed as interest wanes

Apple’s mid-range colourful smartphone is reportedly facing low consumer interest, with iPhone 5C sales predictions being slashed by analysts.

With iPhone 5C sales said to be around 33 per cent lower than originally anticipated, KGI Securities analyst Ming-Chi Kuo has cut his sales predictions for the recently announced handset and cheaper sibling to the flagship iPhone 5S.

Despite iPhone 5S stock shortages having plagued the launch of the high-end Samsung Galaxy S4 and HTC One rival, Kuo has claimed that consumers have not been dropping down to the iPhone 5C as expected, with the 11.4 million iPhone 5C handset shipped in Q3 a third lower than anticipated.

Further compounding Apple’s reported iPhone 5C struggles, it is now predicted that Q4 iPhone 5C shipments will drop to 10.4 million units, a 10 per cent quarterly drop ahead of the usually strong Christmas sales period.

Although iPhone 5C sales are considerably lower than expected, Kuo has suggested that overall iPhone sales will remain strong, with interest in the iPhone 5S, and the now free on contract iPhone 4S helping pick up the slack.

Available in a selection of colours, the polycarbonate bodied iPhone 5C has replaced the iPhone 5, with a near identical array of specs wrapped within a cheaper form factor.

With a 4-inch Retina display, the iPhone 5C specs sheet sees an 8-megapixel rear-mounted camera line up alongside an A6 dual-core processor.

Despite reportedly low interest, Apple claimed that it had shifted 9 million iPhones during the launch weekend of both the iPhone 5S and iPhone 5C last month.

With 16GB and 32GB storage capacities available, the iPhone 5C price is not as cheap as the phones unofficial ‘budget iPhone’ billing would have you believe. The two storage options of the phone cost wannabe owners a premium £469 and £549 respectively. In a bid to combat this lofty pricing, a number of US retailers have already slashed their iPhone 5C prices.

Read More: iPhone 6 rumours

Via: AppleInsider

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