Tuesday, 21 August, 2018

Apple Cutting iPhone X Production Due To Slow Sales

Apple will not kill the iPhone X this year – Report Rejig in sales strategy: Ecommerce discounts on iPhones may soon be over
Guillermo Lane | 30 January, 2018, 01:14

Simply put, Apple later this year will reportedly roll out three brand new iPhone models: a revamped version of the current iPhone X, a 6.5-inch iPhone X Plus, and last but not least, a 6.1-inch iPhone featuring an LCD display.

Apple was planning to produce 40 million units of its special-edition phone, but the Cupertino, California-based firm has informed suppliers that it now expects to produce just 20 million units, Nikkeisaid.

Even though the iPhone X launched a little less than three months ago, we're already starting to hear rumblings about what Apple's 2018 iPhone lineup has in store. These batteries in both the iPhones are likely to be in a L-shaped design, which can yield up to 10 per cent additional capacity compared to the existing iPhone X. Nikkei also mentioned that production of the iPhone X faced a components shortage in the wake of its launch, so production can now start to slow as inventory begins to rise.

An all-new 6.1-inch iPhone with an LCD display is rumoured to be produced by the company this year.

The company's latest phone was released to the market in November for $999. As the iPhone X is presumed to reach the end of life in the middle of this year, the company would sell around 62 million units total, significantly lower than the previous KGI forecast of 80 million units throughout this year. KGI points out that Chinese users are now adhering to their existing phones for a long time, and specifically the notch on the top of the iPhone X's Super Retina display has turned away some potential customers in the region.

United Kingdom 'not a vassal state': Brexit minister forced to defend transition deal
The Labour MP Stephen Doughty of pro-EU campaign group Open Britain, said: "Theresa May is losing control of the Brexit process". She added: "MPs need to be able to vote with the full facts in front of them, anything else would be utterly unacceptable".


According to Kuo, the second-generation iPhone X and a larger 6.5-inch iPhone X Plus will have an increased 4GB of RAM.

"After the first wave of demand has been fulfilled, the market now worries that the high price of the iPhone X may weaken demand in the first quarter", Zhang wrote.

Shares of Apple were down by around 0.5 percent in US premarket trade.

Apple is scheduled to report first-quarter earnings for 2018 on Thursday, Feb. 1.

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