Apple halving iPhone X production in Q1

30 January, 2018, 01:16 | Author: Cecelia Webb
  • Apple halving iPhone X production in Q1

The tech giant told suppliers it would cut its production target for the phone to 20 million units, following slower-than-expected sales in the year-end holiday shopping period in Europe, the US and China, the Nikkei reported Monday.

A report today claims that Apple is cutting its iPhone X production targets in half in response to 'disappointing holiday season sales'. Originally, around 40 million iPhone X units were set to be made over the next three months, but apparently this has now been knocked down to 20 million units.

The latest report states that the iPhone X will continue its production run until at least 2019.

Best not get too attached to the iPhone X branding, though, as there's a chance the next-generation model will leave the factory under a different moniker.

KGI also said that only 13 million units of Apple iPhone X will ship in second quarter of 2018. Nikkei also mentioned that production of the iPhone X faced a components shortage in the wake of its launch, so production can now start to slow as inventory begins to rise.

Coming to the design aesthetics of the new iPhone, it might be a almost full screen design similar to the iPhone X from a year ago with no home button and a notch for TrueDepth sensors.

Pricing on this year's iPhone X would seem lower than what it was previously because of the iPhone X Plus possibly releasing, but that doesn't seem to be the case.

An analyst says the new model's disappointing sales could lead to the phone being cancelled - with production stopping as soon as this summer. Being an affordable model in the new range, the LCD version of the iPhone X will have features such as and support but lack and come with an aluminium frame. And finally, it will be using an LCD screen instead of OLED. Last year it broke from tradition and released two lines of iPhone, with the more-expensive iPhone X a major redesign on previous years and boasting new features such as face-tracking technology.

Shares of Apple were down by around 0.5 percent in US premarket trade.

Apple will report its fiscal first-quarter earnings results later this week.



Report reveals images and specifications of the Galaxy S9 and S9+
While the S9 is said to have a single 12MP sensor, the S9+ will feature two 12MP sensors at the back like the Galaxy Note 8 . Samsung adds, "If a picture is worth a thousand words, the latest member of the Galaxy family has a lot to say".

Super Bowl wagers feature Harpoon beer, Rocky statues, and Tom Brady's diet
There are a lot of guys that are playing and are have had great careers and are continuing to have great careers. United will add 16 additional flights, including special routes from Boston, Philadelphia and Providence, R.I.

Russian Police Detain Opposition Leader Alexei Navalny At Rally
Navalny himself served three jail sentences of 15 days, 25 days and 20 days for organising unauthorised protests previous year . The message urged parents to make sure their children did not attend the Sunday protests.

Is Myanmar 'whitewashing' the Rohingya crisis?
A Myanmar government spokesman hit back earlier on Thursday, accusing the former New Mexico Governor of overstepping the mark. Richardson said that Suu Kyi had exploded in anger after he raised the jailing of two Reuters journalists recently.

Déjà Vu Flooding In Paris As Officials Say Seine Will Crest Soon
Only a few Paris residents have been forced to leave their homes on the Seine riverbanks. Levels are expected to stay just below the exceptional 6.1 metre floods seen in 2016.

Most wanted Punjab gangster and aides shot dead in encounter
Known to the world as Vicky Gounder , the 28-year-old was Punjab's most-wanted gangster, who was killed in an encounter on Friday. Sources have informed that the dead bodies of Vicky Gounder and Prema Lahoria have been kept in Civil Hospital of Abohar.

Wozniacki claims maiden slam in Melbourne
Are those tears? Yup they are - from a year ago to today I'm so proud my friend so proud. I'm a little bit exhausted of course because I had so many hours on court.

Nelly's girlfriend dismisses new sexual assault allegations
According to police documents, Greene called for an Uber and then called the police to report her alleged sexual assault . She said he asked her back to his tour bus for an after party and that once they were there, they went into his bedroom.

Mario Draghi helps the Euro to gain strength
That fall came after President Mario Draghi made clear that he does not expect interest rates to increase during 2018 . His remark at the World Economic Forum in Davos that a weak dollar is good for the U.S. economy has raised eyebrows.

Dow futures leap 115 points on Caterpillar earnings
The pan-European FTSEurofirst 300 index rose 0.54 percent and MSCI's gauge of stocks across the globe gained 0.29 percent. Starbucks SBUX.O fell 5.8 percent after it warned 2018 global cafe sales growth would be at the low end of its forecast.