Overview
- Tianfeng analyst Guo Mingchi reports a roughly 20% downgrade from an original ~10 million target, attributing the change to weak Xiaomi 17 standard-model demand and stronger-than-expected iPhone 17 sales in China.
- Xiaomi PR chief Wang Hua says there are no plans to reduce orders and expects total product orders to increase compared with the previous generation.
- Executive Lu Weibing says Pro production is being ramped up and a 16GB+1TB standard model has been added with deliveries beginning on October 5.
- Xiaomi reports record first-sale day results for 2025 domestic phones, with the 17 Pro Max contributing over half of early series sales.
- CEO Lei Jun notes store shortages of the 17 Pro Max and directs buyers to the 17 Pro, as the company publishes official repair-part pricing for the 17 Pro and Pro Max.