IPhone X Shipments to Attain 18 Million in Q1 2018: KGI

The reason for this upgrade?

One of the major factors that contributed to the change is how the Chinese customers, which make up one of the biggest markets in the world, responded to the release of the iPhone X. If this is indeed the case, the original iPhone X will be gone, but definitely not forgotten - at least by the Apple accounts department. The iPhone X's key features will migrate to the upcoming models.

While the lower price for the iPhone X may generate more consumer interest in the device, it would also eat into the share of people who would purchase the new model of iPhone. The 6.5-inch iPhone X Plus model would alleviate concerns about the usable screen area, reports Apple Insider. According to teardowns, the main component that's driving up the price of the iPhone X (at least from a cost standpoint) is its OLED screen, which costs significantly more than the LCD screens that have adorned every iPhone that preceded it. The report claims that the Cupertino company will ship around 18 million iPhone X units in the current quarter, strikingly lower than the ongoing estimates of 20-30 million units.

According to KGI Securities (spotted by 9to5 Mac), we can expect two OLED iPhones in the form of an iPhone X successor and an iPhone X Plus.

As we highlighted briefly last week, Apple will has plans to discontinue the current iPhone X model once the company introduces its 2018 iPhone lineup later this fall.

A number of other research analysts have also commented on the stock. A 6.1-inch iPhone with an LCD display would likely be more profitable than iPhone X at a reduced price. It's just doing exactly what Tim Cook said it was meant to do: Lay the groundwork for the iPhone for the next 10 years. The iPhone maker reported $2.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.87 by $0.20. Kuo did not talk about the iPhone X sales during the 2017 holiday shopping season.

The Sun has asked Apple whether the iPhone X will remain on sale throughout the whole of 2018, and will update this article with any response. As per the analyst, Apple will manage to ship 62 million units of iPhone X in total, which is comparatively down from the estimated sales of 80 million.


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