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iPhone X Sales Dead But Apple Glory Not Dimnished Says Recent Leak

iPhone X Sales Dead But Apple Glory Not Dimnished Says Recent Leak Imagecredit: Rani_Ramli

iPhone X Sales Dead But Apple Glory Not Dimnished Says Recent Leak Imagecredit: Rani_Ramli

After the release of iPhone X in November 2017, Tim Cook had announced in February 2018 about its top-selling performance in the mobile market against all other rivals. Contrary to Cook's statement, a recent survey report in the US revealed that Apple's iPhone X sales seem to get diminished in the first quarter of 2018 while the sales of iPhone 8 or 8 Plus has risen up since the last quarter of 2017.

In connection to this, Neil Campling, co-head at International Banking and Finance Group Mirabaud Securities stated that Apple will not produce new iPhone X citing the overestimation of the demand by Apple as its reason.  It indirectly means that he again confirms the already leaked tagline "iPhone X is dead" to its investors. It reminds the rumours about the inventory issues from Apple retailers since last month.

In another way, iPhone X's high price tag would get an average revenue of $61 billion in the second quarter, said by analysts. Anyhow, all these speculations would be confirmed when Apple releases the next quarterly earnings report on May 1.

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The unexpected change in sales revealed that the price of iPhone X (1000 USD) could not be affordable by medium-income people, so, many people were purchasing iPhone 8 or 8 Plus that is about 100 USD lower than iPhone X. iPhone X brought a great change in the mobile technology by bringing in Face recognition ID, an OLED display, wireless charging and many other needed modern features.

Interestingly, the sales of iPhone 7 and 7 Plus also raised in the first quarter of 2017 much similar to the present scenario. The trend of sticking to previous year models seems to continue.

iPhone X Sales Dead But Apple Glory Not Dimnished Says Recent Leak

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