Apple may suddenly cancel the iPhone X this summer
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It may be the smartphone of the moment, but a new leak reveals Apple will soon cancel the iPhone X. And the source could not be more credible…
In a new report obtained by AppleInsider, acclaimed KGI Securities’ analyst Ming-Chi Kuo says disappointing sales of the iPhone X will lead to the cancellation of the model “with production ceasing in the summer”. This would be the first time Apple has canceled an iPhone model after just one generation since the iPhone 5C in 2014.
Kuo, who has a long track record successfully revealing Apple’s plans, said lack of interest in China is the main reason. In China big screens are king and the iPhone X’s polarising "notch" is seen by Chinese consumers as removing too much usable space. Especially when the cheaper iPhone 8 Plus actually delivers slightly more.
The news also follows a new survey from Cowan that claims an interest in new iPhones has hit a historic low.
That said, it is not all doom and gloom. While the iPhone X will not bring Apple the much-anticipated sales "Super Cycle," Kuo states Apple will see modest 5% growth in the first half of 2018. This comes from Apple having three premium models (iPhone 8, iPhone 8 Plus, iPhone X) on sale for the first time.
Furthermore, Kuo believes Apple will enjoy a better end to 2018 with 10% growth as the outgoing iPhone X will be replaced by a total of three new iPhone X-inspired designs: a second generation 5.8-inch iPhone X, 6.5-inch iPhone X Plus and a “$650-750” 6.1-inch iPhone SE replacement which will be fitted with Face ID. Apple hopes it will be the latter two that once again excite the Chinese market.
Source: https://www.forbes.com
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