iPhone 14 Plus is still a bust but Pro demand still very strong

William Gallagher

AppleInsider


iPhone 14 Plus

Investment analyst firm JP Morgan reports that overall the iPhone 14 family is selling better at this stage than its predecessors, with signs of more users than normal for January switching from Android.

JP Morgan recently cut its AAPL target price because of tough holiday earnings. At the time, its analysts also said that "we start to see signs of the product cycle tailwinds beginning to fade (iPhone and Apple Watch in particular)."Now in a new note to investors seen by AppleInsider, the firm reports that while demand for the iPhone 14 range is declining, its market share is seasonally higher than normal. The conclusion is based on surveys from Wave7 Research into sales across US carriers.

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