Have you waited months to get a better deal on the iPhone X? Unfortunately, it doesn’t look like there will be a discount coming; instead, KGI Securities’ analyst Ming-Chi Kuo expects that Apple will halt the production of the iPhone X this year.
According to Kuo and AppleInsider, iPhone X sales have been lackluster and below expectations for a while now, so it’s probable that Apple will cease production of their anniversary phone no later than this August. As shocking as this idea is, Apple made a similar business decision in the past when it canceled the iPhone 5C after just one generation.
Decreased sales – especially in China – could be the motivation this decision. Customers overseas are interested in big screens and the iPhone X’s notch inhibits the phone’s full screen potential. Additionally, the iPhone 8 Plus has similar features and is cheaper.
This news may be a letdown for most customers hoping to acquire iPhone X, but with a potential new line of smartphones around the corner, these customers have something to be excited for. Coming this fall, Apple is rumored to release three new smartphones inspired by the iPhone X design. You can expect a second-gen 5.8-inch iPhone X, an iPhone X Plus with a 6.5-inch display and a 6.1-inch iPhone SE replacement with Face ID said to cost $750 at the most.
Although the notch is likely to stay this year, Apple is thinking about removing it next year. And even with the iPhone X’s underwhelming sales performance, Kuo thinks the company will end 2018 with a 10% growth. Not bad at all.
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