Demand for Cellular Apple Watch Series 3 'Significantly Stronger' Than Expected [Report]



Demand for the cellular Apple Watch Series 3 model is 'significantly stronger' than expected, according to a new report from KGI Securities analyst Ming-Chi Kuo. The higher demand is being attributed to the 'low premium of $70' over non-LTE models.

Kuo now believes that 80-90% of Apple Watch pre-orders will be for the cellular model.

Before the media event, we forecasted the production weighting of the GPS + Cellular version would be 30-40%. However, the pre-order website shows shipments of this version are taking much longer than those of the GPS version (3-4 weeks, from shipments launch day of September 22). We estimate the preorder weighting of the GPS + Cellular version is 80-90%.





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