Sources have told Fast Company that senior Apple executives have acknowledged the smartphone is not selling well and that they are disappointed by iPhone X sales to date.
The report follows news from Bloomberg that demand for the iPhone X was fading, based on reports from Apple’s device assemblers.
This has resulted in Apple reducing orders for the iPhone X to 8 million units for Q2 2018.
Apple’s iPhone X is the company’s latest top-of-the-range smartphone and features facial recognition, an OLED display, and a high price tag.
Previously, an analyst associated with the Taiwanese business group KGI Securities named Ming-Chi Kuo said that he believed since the iPhone X didn’t receive very high approval, it may lead Apple to discontinue the first-generation iPhone X around mid-2018.
“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.
_____
Follow us on Twitter at @earthpublishers
Comments are closed for this post.