Apple's been slapped with another analyst downgrade and softening iPhone demand forecast

Javier Howell
January 23, 2018

Before it can release three new handsets with "all-screen" designs and facial recognition, which analysts expect to fly off the shelves, Apple still needs to tally the Q4 2017 scores, and figure out how to keep the original X in the spotlight. This means that it could really depend on your luck, as well as the service provider who may or may not allow you to get a free upgrade.

That's right: Apple is due to kill off its most expensive iPhone after the summer, right when the next generation of iPhones is due and less than a year after its debut (it didn't go on sale until November 3). Do you guys think Apple will drop the iPhone X entirely, rather than selling it for a reduced price? KGI claimed that the successor to iPhone X- the 6.1-inch LCD display model will be priced significantly lower around $650-750 range. This is for the very first time that Apple has canceled an iPhone after just one generation.

A report today suggests iPhone X won't be moved to a second-tier spot in Apple's iPhone collection: not now, not ever. However, iPhone 6 Plus users may be getting a better deal.

A number of other research analysts have also commented on the stock.

In a note to investors he said iPhone X demand has been weak, especially in China, and Apple is looking at stopping production this summer. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The phone's production will likely be discontinued when the flagship 2018 models enter production. The total iPhone shipments would grow 10% YoY in 2018. How this would affect sales of future iPhone models is unclear.

Analyst Daniel Ives tells The Sun that predictions of the iPhone X being culled this year are probably false. As per the analyst, Apple will manage to ship 62 million units of iPhone X in total, which is comparatively down from the estimated sales of 80 million. Doing so allowed Apple to address lower and more affordable price points, bolstering unit sales.

Other reports by Insurance News

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