Apple Considering Cutting Down On The Production Of Its iPhone 8 And 8 Plus phones
Apple has made its latest announcement where it revealed its plan to cut down by 5o percent the production of its iPhone 8 and 8 Plus phones. The Taiwanese supply chain report indicated that the company intended to make the move by either November or December.
If it turns out that everything moves according to plan, this will be the soonest the phone company has ever slowed production of a new iPhone. It was on Sept. 22 that both the iPhone 8 and 8 Plus went on sale.
Analysts take the strong stand that the slow-down could pave way for the iPhone X, which will be unveiled on Nov. 3.This device will go at a higher price in relation to the other gadgets the phone manufacturer sales. It is expected to help the company fetch enormous revenues. The iPhone 8 and 8 Plus are less expensive, however, the company sees them as a stepping stone that has seen it get to where it stands today.
Poor iPhone 8 reception has been blamed for the dipping down of shares to as low as 2.6 percent on Thursday. According to recent reports, the iPhone 7 was said to have outsold the iPhone 8.There is always a trend in the company’s products. The latest ends up as the most popular at any given point in time.
The iPhone 8’s lukewarm response is slowly paving way for iPhone X. But Apple understands that it will later have to face up to numerous challenges in case the iPhone X demand rises higher than expected. One of the challenges might be that the company won’t be able to manufacture iPhone X units as fast as it will be selling them out.
According to Gartner study, it will be in 2018 that the effects of the iPhone X will be strongly felt considering that quite large number of them will have hit the market.
One of the company officials opined, “We’ll have to wait and see how this plays out when the iPhone X releases. If you’re hoping to get your hands on the device, your best bet may be to preorder.”