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First-weekend demand for the new Apple Watch was 'much higher than expected,' says analyst Kuo

Waverly Colville

Kuo upped the shipment forecast of the new Apple Watch Series 4 in 2018 from 18 million to between 18.5 million and 19.5 million units. The iPhone XS Max is also outperforming its expectations and is selling over three times better than the XS. First-weekend demand for the new Apple AAPL Watch was much higher than expected, according to analyst Ming-Chi Kuo, who has a reputation for accuracy, particularly when it comes to predicting new products.