Earlier this month, we have heard experts predicting that the next few quarters will see a fall in iPhone X demand. In the latest development, a new report suggests that Apple might consider slashing the price of the iPhone X, which is currently facing lower demand. Also Read - Flipkart Mobiles Bonanza sale top deals: iPhone SE, Poco X3 Pro and more on discountAlso Read - Beware! This new iOS bug breaks WiFi on iPhones: Here's a quick fix for it
According to a report, DigiTimes has stumbled upon, Apple’s 2017 smartphones are not breaking as many records as expected and hence, the company could be hinting that a price slash could be inbound for the iPhone 8 and the iPhone 8 Plus as well. Also Read - PUBG New State receives over 17 million pre-registrations as closed alpha testing ends
Apple has cut its iPhone shipment forecast from 50 million units to 30 million units, and yet, has managed to meet iPhone X demand during the holiday quarter. Apple’s under-performing markets are reportedly Taiwan, and Singapore, whereas the most important market mostly has been the US.
Apple has not publicly disclosed quarterly sales targets for the iPhone X, which went on sale in November in India. The iPhone X is the most expensive iPhone so far. The 64GB base variant was launched for Rs 89,000, but after the recent price hike, it now retails for Rs 92,430. Similarly, the 256GB variant was launched for a whopping Rs 102,000, but it is now selling for Rs 105,720. And with the recent price hike, we are not sure where the report of price cut will fit in. It could also be that Apple might slash prices in markets where the new iPhones are under-performing.
After the first wave of demand, the market now worries that the high price of the iPhone X may weaken demand in the first quarter of 2018. Still, analysts expect iPhone X demand to spark, just like what Apple saw after the iPhone 6 and iPhone 6 Plus launch.