iPhone 8 sales lower than expected | Production orders will be reduced by 50%

Recently there are many reports claiming iPhone 8 sales below Apple's expectations, KGI Securities analyst Guo Ming 最 recently released the latest report also made the same argument.Guo Ming 告 told investors in the report, iPhone 8 market demand is lower than expected, The demand for iPhone X continues to grow.

Recalling previous news, the iPhone 8's poor sales mainly because consumers are waiting for the sale of iPhone X. iPhone 8 and iPhone 8 Plus on sale in late September, while the iPhone X was released in early November.

Mr Guo predicts that iPhone X shipments in the fourth quarter of this year will be between 22 million and 24 million units, and this strong demand will continue until the first quarter of 2018 (Chinese New Year will also stimulate iPhone X sales), By the time the production bottleneck for iPhones X has been lifted, production will rise by 45%. In contrast, iPhone 8 production is expected to be cut by 50% -60% by 2018, Guo said, because of its lack of major selling points.

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