A new supply chain source in Taiwan claims that Apple has reduced orders for both the iPhone 8 and iPhone 8 Plus by around 50% for November and December, according to Economic Daily News. In response AAPL stock dropped by 1.5% in pre-market trading.
With iPhone X preorders not open, reduced demand for the iPhone 8 could be either bad news or good for Apple. The pessimistic interpretation would be that customers are not seeing enough differentiation between the iPhone 7 and 8, and are holding off until next year. The optimistic take would be that more customers than expected are willing to pay the price premium for the iPhone X.
Apple hasn't revealed iPhone 8 and iPhone 8 Plus sales numbers, there are reports suggest that iPhone 8 and iPhone 8 Plus sales either have been lower or higher than expected. KGI suggested sales are better than expected, with Foxconn revenues adding weight to this view. While AT&T sales numbers hinted the iPhone 7 selling better than iPhone 8, as sales are 900k down on those of models in last year.
With an OLED display and a TrueDepth camera system powering 3D facial recognition features like Face ID and Animoji, the iPhone X is unlike any other smartphone Apple has ever sold. Perhaps there are numbers of customer are holding out to purchase the flagship smartphone when pre-orders begin October 27. iPhone X officially launches November 3, with price starting at $999 in the United States.
With iPhone X preorders not open, reduced demand for the iPhone 8 could be either bad news or good for Apple. The pessimistic interpretation would be that customers are not seeing enough differentiation between the iPhone 7 and 8, and are holding off until next year. The optimistic take would be that more customers than expected are willing to pay the price premium for the iPhone X.
Apple hasn't revealed iPhone 8 and iPhone 8 Plus sales numbers, there are reports suggest that iPhone 8 and iPhone 8 Plus sales either have been lower or higher than expected. KGI suggested sales are better than expected, with Foxconn revenues adding weight to this view. While AT&T sales numbers hinted the iPhone 7 selling better than iPhone 8, as sales are 900k down on those of models in last year.
With an OLED display and a TrueDepth camera system powering 3D facial recognition features like Face ID and Animoji, the iPhone X is unlike any other smartphone Apple has ever sold. Perhaps there are numbers of customer are holding out to purchase the flagship smartphone when pre-orders begin October 27. iPhone X officially launches November 3, with price starting at $999 in the United States.
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