New report suggests that iPhone X price may drop come early 2018

New report suggests that iPhone X price may drop come early 2018

Apple’s iPhone X has been one of the most popular and innovative iPhones to be released to date. It’s also one of the most expensive smartphones to ever be released, starting at $999, which is a very prohibitive price point for many potential buyers. While the iPhone X may be performing well in many markets, there are many other key markets where the smartphone isn’t performing well after launch.

A report from Digitimes, picked up by The Motley Fool, says that the iPhone X shipments will reach 30-35 million in the first quarter of 2018, and will stay flat or drop slightly after the first quarter, according to sources int he semiconductor packaging and testing service industry. To add, a similar reported from Bloomberg adds some weight to these claims. Several analysts have said that Apple is dropping orders from Asian suppliers due to lackluster demand for the iPhone X over the holidays.

To discuss more about the Digitimes report, it notes that the iPhone X sales in Singapore, Taiwan and the US aren’t as strong as Apple had expected. This weak performance is largely due to Apple’s decision to make three iPhone X successors next year, including two OLED models and an LCD display where all three will take advantage of Face ID technology.

Take a look at what was said at the end of the report:

Apple is also rumored to adjust its pricing for iPhone devices in early 2018 and has even started preparing a prototype iPhone with support of pre-5G features. However, Apple has not officially confirmed any of the rumors.

The iPhone X is hardly an older smartphone because it was just released a few months ago. Usually you will see previous generation iPhone prices drop as new ones are released, but we’re still many months away from the announcement of the new iPhones.

Hamza Khalid

Hamza Khalid is the Lead Editor at The Jolt Journal. You're more than welcome to follow him on Twitter and follow The Jolt Journal on Twitter and Facebook. If you have any questions, concerns, or need to report something in this article, please send our team an email at [email protected]. This story may be updated at any time if new information surfaces.

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