iPhone X on the cheap
The iPhone X isn’t selling anywhere near as well as Apple expected. That’s because almost half of iPhone users haven’t upgraded to the new device as their current phone is satisfactory, while close to one-third think the $1,000 smartphone is too expensive, according to a Piper Jaffray survey.
Analysts are expecting Apple to shift a mere 14m iPhone X devices in the first quarter of 2018, well short of a projected 27m, and then just 7m in the second quarter.
Apple is looking to release a more affordable iPhone X with some of the devices key features. To rein in costs, the cheaper smartphone will use LCD screen tech, along with aluminium edges and a glass back like the iPhone 8.