AAPL Stock In The Red As Analyst Commentary Remains Bearish

A previous report suggested that the Cupertino giant no longer manufactures the iPhone 6 Plus

Kuo believes that a big reason why the iPhone X may be struggling is due to demand in China. That's what Apple wants you to believe.

It would be the first time that Apple has killed off an iPhone from the previous year since the iPhone 5C.

So where does the iPhone X fit into the 2018 iPhone line? The firm had revenue of $52.58 billion for the quarter, compared to analyst estimates of $50.71 billion. There are people who claim (including Apple) that it is really easy to get used to these new gestures but let's just accept the fact that its not a cup of tea for everyone.

To be clear, the iPhone X's legacy is still likely to endure, even if the phone itself doesn't. The consumer tech giant's stock hit fresh all-time highs late last week, and its market cap of $908 billion makes it the favorite to be the first company to top the $1 trillion mark later this year. The memo mentions that the upgrade program will run through March 2018, which is about when new iPhone 6 Plus batteries are set to come in.

Per MacRumors, Kuo's note to investors today included the following: "iPhone X would hurt product brand value & lineup of 2H18 new models if it continues to sell at a lower price after 2H18 new models launch", said Kuo.

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But Apple is also expected to offer a 6.1-inch LCD model, using a similar design to the iPhone X. This variant is expected to have a price tag "in the $650-750 range", 9to5 Mac reports. All three will allegedly have Face ID on board along with other new features. It is Apple's historically strongest quarter as holiday sales and fall iPhone rollouts prop up revenue.

In a new report, an analyst says the new model's disappointing sales could lead to the phone being cancelled - with production stopping as soon as this winter. Taiwan-based DigiTimes that Apple had cut iPhone X orders at its suppliers in China.

It costs more than £1,000 and is touted by its creators as the most advanced handset yet, but some users of the new iPhone X claim they can not even answer calls on the device.

Ming-Chi Kuo is right that iPhone X production will shut down, and it'll probably be in the summer. The company has that shows off selfies captured with Portrait Lighting effects.

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