KGI has further dropped its first-quarter sales estimate for the iPhone X, citing weaker than expected demand, as some consumers express their distaste for the device's "notch" design.
People are reluctant to purchase the expensive iPhone X when competing companies such as Xiaomi have released bezel-less smartphone at half the price.
Without knowing exactly what his sources said, I'm assuming there might be other interpretations, too. Last week, Reuters reported that the Shanghai Consumer Council, a local consumer group in China, wrote a letter to Apple, asking for more detailed information and explanation behind the slowing down of older iPhone models after the iOS 10.2.1 software update rollout. However, now many experts and analysts of the Cupertino-based giant have stated that the Apple iPhone X may, in fact, be discontinued.
He says Apple will incorporate iPhone X features in the rest of the 2019 lineup, including a larger screen model he's calling the "iPhone X Plus".
There is hope on the horizon however, iPhone X fans. "We're proud that Apple products are known for their durability, and for holding their value longer than our competitors' devices". Instead, we could have the iPhone and iPhone Plus late 2018, just like we see with the Mac and iPad product lines. There will be a dip in sales of iPhone 8 series since people will wait until September for the new release. A 6.1-inch iPhone with an LCD display would likely be more profitable than iPhone X at a reduced price. The news was revealed by the popular Analyst Ming Chi-Kuo. Apple's iPhone X will be the first previous year model that might not be retained in 2018. Apple's revenue for the quarter was up 12.2% on a year-over-year basis. equities research analysts anticipate that Apple Inc. will post 11.15 EPS for the current year. There is still no info as to how Apple will determine if you get the upgrade or which models of the phone are eligible.
A report Monday claimed that Apple Inc.is planning to cease production of its flagship iPhone X model thanks to lackluster sales. That doesn't equate to the phone being discontinued because it's a market failure.