Science

New Apple India chief Coulomb may end online discounts

New Apple India chief Coulomb may end online discounts

Today, Ming-Chi Kuo, KGI Securities analyst shared a trio of new research notes that highlight both new and existing predictions regarding the new iPhone X, iPhone X Plus, and more affordable 6.1-inch iPhone expected by the end of this year.

Building on a report from December, Kuo revealed that Apple has a total of three new iPhones up its sleeve for 2018: a 5.8-inch OLED iPhone X, a 6.5-inch OLED iPhone X Plus and a 6.1-inch Full Active LCD iPhone that's equipped with Animoji, Face ID and ultra-thin 0.5mm bezels.

The substantial reduction, which would bring the manufacturing of the device to roughly 20 million units for the first quarter, is allegedly in response to an apparent lack of product sales. With all the problems that have hounded the company in relation to the performance of its older iPhone models, there have also been talks that the tech giant will cease production of its current flagship model, the iPhone X.

Nikkei also notes that the inventory for the iPhone X is "starting to rise", after a period of shortages.

Nikkei claims Apple saw a lower than expected demand for the iPhone X over the holiday season in key markets such as the United States, United Kingdom, China, and across Europe. It will apparently have 25% more battery than the iPhone X released previous year. A thousand bucks will seem ludicrous to many smartphone buyers, and Apple had better hope it has enough devoted fans to help the iPhone X make the connection.

Spain turns to court to block Puigdemont
The Catalan parliament was dissolved by the Spanish government in October after unilaterally declaring independence. The court was scheduled to meet yesterday to study the government's challenge.

An analyst says the new model's disappointing sales could lead to the phone being cancelled - with production stopping as soon as this summer.

However, in a bid to keep its price in the $700 to $800 region, the 6.1-inch iPhone will have an inferior LCD display - compared to the X's OLED panel - and a body made from aluminium instead of stainless steel. Also, a 6.1-inch iPhone is hinted to be released. Stock investors are already becoming nervous about the impact of weak iPhone X sales on parts suppliers.

After being asked if the $1,000 iPhone X is too expensive for "the average American" on ABC's "Good Morning America", Cook argued that it is "a value price, actually".

According to the report, Apple has increased margins for exclusive Apple franchise stores in India to 5.7 per cent from 4.5 per cent.


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