Apple To Discontinue The iPhone X Soon And Here Is Why 

In commemorating its 10TH anniversary, Apple exclusively created the iPhone X, a high end flagship packed with top notch/ advance tech features which prior to its launch, no other mobile tech company added to any of their devices. But according to a fresh analyst report this week, it is certain that the company plans to discontinue the iPhone X when its successors are released later on this fall.

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That’s according to the famed KGI Securities analyst, Ming-Chi Kuo, who in his latest research note asserted that iPhone X as we know it would be discontinued later on this year as opposed to being offered at a lower price point to spur new sales.

While it would certainly appear opportunistic for Apple to offer iPhone X at a lower price point, Kuo portends that such a move stands to result in the company cannibalizing on its upcoming iPhone lineup which is expected to include an all new mid-range model boasting a 6.1-inch LCD display, Face ID and more for between $650 and $750, according to the analyst’s previous predictions.
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“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,” Kuo suggested in his latest research note, a copy of which was obtained on Monday by MacRumors, adding that “Lowering iPhone X’s price after the 2H18 new models launch would be a negative to product brand value given 3D sensing and OLED display are features of the new high-price model.”

“Additionally, to sell iPhone X at a lower price may have a negative impact on shipments of the new 6.1-inch LCD iPhone in 2H18. Thus, we estimate iPhone X will reach end-of-life (EOL) around the middle of 2018,” Kuo added.

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Thevhaiyne

A passionate writer, with years of accumulated experiences in mobile tech tweaking due to his flair for gadgets. Cracking, tweaking hand held devices for maximum optimizations are what he loves to do. He's also a die-hard gamer and lover of exotic dogs. A graduate of Olabisi Onabannjo University, currently works with a tech firm. An aspiring Cyber Security expert. His aim is to publish relevant contents from his vast knowledge in mobile tech world.

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