Apple likely to discontinue iPhone X by mid-2018

By  Nimrat Kaur January 23rd 2018 03:56 PM -- Updated: January 23rd 2018 03:59 PM

Apple may discontinue selling its iPhone X ahead of the launch of the second-generation model this year, according to KGI Securities analyst Ming-Chi Kuo.

Rather than discount the first-gen model, the Apple will most likely stop producing the smartphone to make space for the three iPhones likely to be launched this year- iPhone X (2018), iPhone X Plus (2018) and a mid-range iPhone with FaceID and 6.1-inch TFT display.

The bringing down in price of the iPhone X will hurt the 'brand-value'of the X series given 3D sensing and OLED display are features of the new high-end model.

Apple likely to discontinue iPhone X by mid-2018, Here's why

The iPhone X will be discontinued around the middle of 2018 to make way for the mid-range iPhone which may be priced between $650 and $750 in the United States.

iPhone X (2018) is likely to be launched at an estimated price of $999, a larger 6.5-inch iPhone X Plus at around $1099, and the mid-range 6.1-inch iPhone at an estimated price of $649 or $749.

Kuo estimated that Apple would ship about 18 million iPhone X units in the January-March quarter and 13 million units in Q2, 2018.

Weaker-than-expected demand for iPhone X in China has led market analysts to revise down shipments for the first half of 2018.

-PTC News

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