Question

Depending on when you read this, rumors are likely to be swirling online about an upcoming apple product launch, whether it's the iPhone 7 or 8, a new generation of the apple smartwatch, or another product. Choose one upcoming product and read several articles by industry observers to get a sense of consumer demand for new product. What products from other companies will be competing with the new apple product, and what effect will they have on consumer demand? Can you find any worries regarding supply issues? Overall, do you think the new apple product will be a hit? If not, what factors will account for lower demand?

Answer 1

Answer:

Apple New iPhone 11 Pro, is the new product that is going to come in the market soon by Apple launch.

The consumer demand for this Apple’s New iPhone 11 Pro is been evaluating and it is n the increasing trend and many people are showing great interest in this product and expecting a good response in the market.

There is no product that is close to the competition for this Apple’s New iPhone 11 Pro product because other competitive products are much lower technology nd competitive features. Thus Apple’s New iPhone 11 Pro will not have major competitors in the market and there will be many products that will be running in the market by MI brand products and Samsung products etc. these products will be capturing the lower range market in the world. These competiting products will not have much impact on the consumer demand, as consumer demand for Apple product is special and it cannot be replaced or overruled by other technology products. The people who use Apple will use Apple brand only and no other preferences.

Yes this could be a good potential worry for the supply chain. Apple may face some issues in the supply chain and distribution and supply could be an issue in this case. So yes we can have worry from the supply chain and Apple need to take strong actions so that supply chain should not create any potential problem.

Overall, we do think that the new apple product will be a hit. Because we see that Apple product are generally hit in the market and they have huge margin and they earn high revenue from these products. Thus we see that Apple will have great hit and success for their new product.