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Apple Plans To Cancel Its Flagship iPhone X By Summer

23 January, 2018, 02:20 | Author: Kristen Ingram
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He has also pointed out that Apple iPhone X has not been successful in China and the notch appears to be causing some of these problems with users thinking iPhone 8 Plus has more usable space to offer. Bears believe Apple's demand is falling back.

Risk of cannibalization and brand dilution, combined with potential volume constraints and cost considerations, all point to pretty strong justifications for why Apple might kill off its most important flagship in years just one year after introduction. After estimating 20 - 30 million units for the first quarter of 2018, KGI Securities analyst Ming-Chi Kuo has once again revised the estimate, which now brings it down to 18 million units.

BGR quotes Kuo, a longtime Apple analyst who has made a lot of correct predictions in the past, that this year Apple will release two major smartphones. And even though Apple may be putting the iPhone X in the ground later this year, it won't be a funeral.

The company believes that the tech giant will have a disappointing 2018 in terms of iPhone sales. Accern also gave news coverage about the iPhone maker an impact score of 46.2034208215665 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

As previous reports suggested, Apple is geared to release three new smartphone variants this year.

Apple tends to introduce new iPhones in September so the cancellation of its flagship mobile could be meant to make way for a new model. Kuo says that after these devices launch, Apple's "real super cycle" will kick in. Apple may have plans to drop the "X" moniker, and do away with the rest of the iPhone numbering system, too.

The company is supposedly struggling to justify iPhone X production because of poor sales - and may scrap the phone later this year. The market was anxious that the phone's high price would weaken the demand once the euphoria was over.

The consumer advocate group also filed a compensation suit against Apple and its local headquarters last week, seeking an award of KRW 2.2 million ($2,057 or roughly Rs. 1,31,400) per plaintiff. We estimate these cuts could be between 2-5 million units for the March quarter.

However, he warned that Apple might opt to discontinue the current iPhone X entirely if sales remain underwhelming. The company has that shows off selfies captured with Portrait Lighting effects. Muhammad Ali's statement is appropriate here.



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