About a month after its retail release, the 5.5-inch iPhone 7 Plus is still hard to come by in Apple’s retail stores – and that’s not concerning, Piper Jaffray analyst Gene Munster reckons.
As quoted on the Barron’s Tech Trader Daily blog, Munster has revealed his company’s discovery, following stock checks in 134 Apple stores in the US, that while 67% of the 4.7-inch iPhone 7’s SKUs were available, that percentage fell to only 14% for the Plus. The Plus, pictured above, is especially appealing to customers for its dual-lens rear camera, a no-show on the smaller handset.
The Plus’s availability has improved since September 30, when the percentage was 11.7%. Taking into account that the stock-outs have pushed iPhone 7 Plus sales from the previous quarter to the current one, Munster wrote that Piper Jaffray continues expecting Apple to announce revenue of $47.5B for the September quarter – that’s higher than the Wall Street consensus of $46.5B.
