Kuo's note is interesting because it is claims Apple iPhone X might not continue for 2018, after the new models hit the market. "In fact he is pretty sure that the iPhone X will be "end of life" in the summer of 2018, instead of being retained as a lower-cost option in the following year". Apple's two iPhone 8 models, meanwhile, cumulatively accounted for 41% of iPhone sales during the quarter. That's obviously not happening, but it still might make you wonder: Does the premature end of life (if Apple is indeed killing the iPhone X in September - remember, this is technically a supply chain rumor) mean the company has lost confidence in its top-of-the-line iPhone?
Though this is all coming from reliable sources, we'll have to wait and see if Apple actually does away with its most controversial smartphone yet. The rumor comes from KGI Securities analyst Ming-Chi Kuo, who has a solid record when it comes to rumors about AAPL. Despite launching three new iPhone models late past year, consumers especially from emerging markets found the iPhone 7 series and iPhone 6s series far more appealing, which only made things worse for the iPhone X. While we may be able to glean some data from Apple's upcoming earnings report on February 1, the iPhone X's limited availability during the December quarter will likely make any subsequent analysis incomplete.
In other Apple news, SVP Johny Srouji sold 5,760 shares of the business's stock in a transaction dated Wednesday, November 22nd.
Kuo also believes there will be a modest 5 per cent growth in overall sales during the first half of 2018.
Rakers estimates iPhone shipments at 81.1 million with an average selling price of about $760, and he said the Wells Fargo iPhone Index implies a result in the high-70 million to low-80 million range. The firm also cited limited visibility into the potential of future iPhone cycles "and emerging challenges to the smartphone's dominance at the centre of consumer technology".
Dr. Ronny Jackson's glowing bill of health for Trump
The doctor also said Trump received a ideal score on a cognitive exam, which had been requested by the President himself. Tim Scott , R-S.C., who was not at the meeting, said Graham told him that Durbin's account was "basically accurate".
However, sales in the iPhone X have not been as promising.
CUCS said in its complaint that the intentional slowing down through software update of older models of iPhones, which forces its owners to buy new iPhones, is a scam.
Kuo said Apple would release three new phones this fall. That doesn't equate to the phone being discontinued because it's a market failure.