Apple has launched the most advanced and expensive iPhone X this year, with an initial price of Rs 89,000. Now the news is that the company can stop the production and sale of this smartphone. But not yet, after the launch of the next iPhone.
Generally, Apple continues to produce the old iPhone model for several years after launching the new iPhone. In such a situation, it is important for you to know the reason behind this report.
In a report by Apple Insider, KGI Securities analyst Ming-Chi Koo said that the demand for the iPhone X is less than expected, so the company is in the process of canceling this model. It has also been said in the report that in the middle of this year, the company will stop its production. In 2014 the company closed the iPhone 5C for the first time.
Generally, it happens that the prices of the old iPhone are diminished, but this did not happen with the iPhone X and the price in India increased even after this. Now the question is, what model will the company bring to iPhone X? This report also has the answer, it has been said that the company will migrate the iPhone X’s technology to another model.
However, this report also states that in the first quarter of 2018, Apple has targeted to sell 18 million iPhone Xs. KGI has also speculated that iPhone X sales in China have not been as expected. At the moment Apple has not said anything about this.