Apple may discontinue iPhone X around July-August

SAN FRANCISCO: More sluggish-than-expected response may lead Apple to discontinue the first-generation iPhone Xaround mid-2018 as the second-generation model is set for launch later this year, an analyst associated with Taiwanese business group KGI Securities has said.

According to Ming-Chi Kuo, the most famous analyst with KGI Securities when it comes to Apple, the Cupertino-based giant will not sell iPhone X at lower price as it will hurt its other products in the lower-priced premium segment.

Kuo estimated that Apple would ship about 18 million iPhone X units in the January-March quarter in 2018, MacRumors reported late on Monday.

We revise down 1Q18 and 2Q18 shipments of iPhone X to 18 million units and 13 million units, respectively, lower than market consensus of 20-30 million and 15-20 million units," Kuo said.

"We expect iPhone X will go to end of life (EOL) around mid-2018 and that total life cycle shipments will be around 62 million units, lower than our previous forecast of 80 million units," the analyst said.

"iPhone X would hurt product brand value and lineup of 2H18 new models if it continues to sell at a lower price after 2H18 new models launch," Kuo said.

"Additionally, to sell iPhone X at a lower price may have a negative impact on shipments of the new 6.1-inch LCD iPhone in 2H18," the analyst predicted.

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

According to Kuo, iPhone X is not yet compatible with many popular Chinese apps, leading many customers to see it as offering less usable screen space than 5.5-inch iPhone Plus models.

"This confusion, coupled with the high price of iPhone X, is thought to have undercut replacement demand," the report added.

Kuo, however, said the overall iPhone shipments will maintain year-on-year growth of 0-5 per cent over the first half of 2018.

Comments

Amazon at $1 Trillion Pushes Bezos’s 2018 Gain to $67 Billion

Gain in his net worth more than FedEx’s market capitalization Amazon briefly became America’s second trillion-dollar company Jeff Bezos Photographer: Matthew Staver/Bloomberg SHARE THIS ARTICLE Share Tweet Post Email In this article AMZN AMAZON.COM INC 2,012.71 USD +0.00 +0.00% FDX FEDEX CORP 241.24 USD -2.71 -1.11% GOOGL ALPHABET INC-A 1,214.63 USD -17.17 -1.39% DIS WALT DISNEY CO 111.21 USD -0.81 -0.72% FOXA TWENTY-FIRST C-A 45.37 USD -0.03 -0.07% Amazon.com Inc. briefly became America’s second trillion-dollar company on Tuesday after adding $434 billion to its market cap this year. No one has benefited more than founder Jeff Bezos , who has added $67 billion to his fortune this year, giving him a $167 billion net worth on the Bloomberg Billionaires Index as of 12:30 p.m. in New York on Tuesday....

Avengers Infinity War: Here’s why Thanos will arrive in Wakanda to fight the Marvel superheroes

As the release of Avengers: Infinity War comes closer, the excitement mounts. The release of Marvel’s biggest film to date will likely be a huge event in itself. This film is the beginning of the end of the conflict that began with The Avengers when Loki came to earth with the Chitauri army. We learned that it was Thanos who sent him. But now, the Mad Titan has had enough of underlings. He is now coming to finish the work (which is destroying half the universe but he calls it “balancing the universe”) himself and to get the Infinity Stones. Reading further may spoil the important plot point in the movie for you. One of the Infinity Stones is Mind Stone which is stuck onto the head of Vision, the Android being that is half Ultron and half Jarvis and now a superhero. Vision was given birth in Avengers: Age of Ultron. Fans had guessed, correctly as it turned out, that the Lord of the Rings style battle scene as glimpsed in the Avengers: Infinity War trailer was being ...

India's New Satellite To Boost Armed Forces, Help Moon Mission: 10 Facts

India's very powerful, home-made communications satellite shot off into the blue sky today, leaving a smoky trail, on the back of the heavyweight GSLV rocket. The successful launch by the scientists of space agency ISRO drew praise from Prime Minister Narendra Modi. The 2066-ton satellite, built at a cost of Rs. 270 crore, will be able to send and receive signals from hand-held devices. It is expected to be particularly useful for security forces stationed in the remotest corners of the country. The rocket also has a special feature -- a new engine, which, if successful, will be crucial for India's second Moon mission. Here are the top 10 updates in the GSAT-6A launch: Congratulating the scientists, PM Narendra Modi tweeted, "GSAT-6A, a communication satellite, will provide new possibilities for mobile applications. Proud of @isro for taking the nation towards new heights and a brighter future". The GSAT-6A carries one of the largest antennas that has be...

Look in

Search This Blog