Blog

Apple iPhone X production target cut in half for Q1 over weak sales: Report

Posted by:
Posted on: February 8, 2018

By: the first quarter to around 20 million systems, Nikkei reported on Monday . (Image source: Reuters) Apple has notified suppliers that it will halve its iPhone X production target for the very first quarter to around 20 million systems, Nikkei reported on Monday without mentioning a source.The cut was prompted by slower-than-expected sales in the vacation shopping season in Europe, the United States and China, inning accordance with Japan’s Nikkei. Canalys said Apple shipped 29 million units of the iPhone X for Q4, 2017 and called it the world’s finest shipping smartphone model for the holiday quarter. According to Canalys iPhone X shipments in China stood at 7 million alone, which is one of the most crucial smartphone markets for the company. Apple is currently number four in China, listed below homegrown players like Huawei, Oppo and Vivo.Well-known Apple

expert Ming Chi-Kuo has in reality, gone on to forecast the iPhone X will be stopped after the summer of 2018. Inning accordance with Kuo’s earlier report, the iPhone X will not be restored after summer season of 2018 and he likewise said the phone has not done well in China. If this does happen, iPhone X will be the very first design, which is not continued for the 2nd year.Apple generally continues to offer older iPhone designs, which in fact drive volumes in markets like India, etc after they get a lower rate. Earlier JP Morgan’s Narci Chang also composed a research note to investors stating the iPhone X’s manufacturing will be down by 50 per cent for the December-March duration, according to a CNBC report.While Apple iPhone X 2017 deals with an unpredictable future, inning accordance with reports, Apple will release three variants of iPhone X in 2018. This will include a 5.8-inch updated iPhone X, iPhone X Plus with a bigger 6.5-inch display and an iPhone X with a 6.1-inch LCD display at a more budget plan pricing.With Reuters inputs For all the most recent Technology News, download Indian Express App © IE Online Media Solutions Pvt Ltd Tags:

Source