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(Bloomberg) — Apple Inc.’s addition of its latest iPhones on Wednesday was abundantly in band with yst expectations. The new artefact lineup, which offers college boilerplate affairs prices and dual-sim agenda support, may ammunition stronger sales and advantage aing year, they said.

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Apple shares acquired 0.2 percent in pre-market trading in New York Thursday, retracing some of the 1.2 percent abatement in the b Wednesday afterward its event. Some of Apple’s Asian suppliers fell afterward the event. Japan’s Alps Electric Co. bankrupt 4.8 percent lower, TDK Corp. slipped 3.9 percent and Hon Hai Precision Industry Co. alone 1.3 percent.

READ: Apple Celebrates New iPhone Models as Asia Suppliers Suffer

An attendee demonstrates the iPhone XS Max smartphone on Sept. 12.

Here’s what ysts are adage about the artefact launch:

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“IPhone ASPs and beyond accumulator SKUs beyond the portfolio afraid to the upside, as did the admittance of dual-SIM capabilities,” she said.

The availability date for the iPhone Xr, set for Oct. 26, was a bit after than expected, but it won’t appulse assemblage demand, “particularly accustomed best aboriginal adopters will skew to the Xs Max.”

Huberty recommends affairs shares on “any post-event weakness.” She aloft Apple’s ambition amount by $245 to $247.

The newest iPhones will aftereffect in no aloft change in sales volumes in the complete smartphone market, SMBC Nikko ysts wrote in a address afterward Apple’s presentation.

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While high-end smartphone sales advance is unlikely, the lower-priced iPhone Xr may become “the big agent of the three,” admitting the after absolution date.

“Apple is already afresh redefining the aerial end of the smartphone market,” Nomura Instinet ysts wrote in a report, acquainted that the iPhone Xs and Max may advice addition 2019’s boilerplate affairs amount to $800 to $830, way aloft the accord of $757. However, the Xr ASP of $750 is a “modest offset.”

New launches are “consistent with collapsed or alike bottomward units in FY19,” the ysts said. The close expects the backup aeon to be delayed afterward Apple’s contempo efforts to extend the activity of old devices.

The new iPhone calendar offers added choices that should ammunition college assemblage sales and ASP, consistent in added acquirement and EPS for Apple in budgetary 2019 and 2020.

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Previous ysis after-effects showed that abounding iPhone owners who didn’t advancement to the iPhone X chose not to because it was too big-ticket or too small. Now these users accept options, with the iPhone Xs Max accepting a beyond awning and the iPhone Xr costing less.

“More choices will drive added users who are on an crumbling installed abject of iPhones to move to the aing gen anatomy factor” in budgetary 2019 and 2020.

Apple’s focus “appears to be alive abroad from artefact backup cycles and added appear advantage and casework narrative, which is a absolute in a complete smartphone market.”

The aggregation “is positioned to sustain mid-single chiffre sales and low- to mid-teens EPS advance in a flattish iPhone aggregate advance environment.”

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“We are absolute on Apple Watch Series 4 and its accession as a life-saving health-care artefact vs a fettle tracker, and could see 20-25% ASP increases.”

“While the Apple accident went abundantly as expected, the new iPhone calendar should accommodate upside to both iPhone units and ASPs over the aing year.”

“Apple, already again, has apparent their ability of appraisement tiers, which will abstract added acquirement per customer.” The iPhone calendar now ranges from $449 to $1,449 for an unweighted boilerplate of $765. That compares with aftermost year’s ambit of $349 to $1,099 with an unweighted boilerplate of $636.

Apple’s new XR archetypal was priced lower than expected, which “effectively obsoletes” the iPhone 8/8 models and leads to a abridgement in boilerplate affairs amount and balance estimates. The cuts to estimates are partially account by a college assemblage forecast.

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The agent sees the lower amount as affirmation that Apple is authoritative an advancing advance to move users assimilate added defended face ID, which could announce Apple Pay improvements in 2019.

Rollout of 512GB anamnesis options on the new XS models is surprising, and may represent a change of cerebration commendations the iCloud accumulator assimilation strategy.

(Updates with Goldman comments.)

–With abetment from Kurt Schussler, Ron Harui and William Canny.

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To acquaintance the reporters on this story: Jeran Wittenstein in San Francisco at [email protected];Moxy Ying in Hong Kong at [email protected]

To acquaintance the editors amenable for this story: Divya Balji at [email protected], ;Catherine Larkin at [email protected], Cecile Vannucci

©2018 Bloomberg L.P.

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