The Apple iPhone X might be struggling

The Apple iPhone X might be struggling

Tim Cook has said that the iPhone X surpassed every other model each seven day stretch of the primary quarter since its discharge.

In addition, Apple will launch a giant iPhone with a 6.5-inch screen and an update to the current iPhone X size, people familiar with the matter told Bloomberg News earlier this year.

Apple's iPhone X is the company's latest top-of-the-range smartphone, and features facial recognition, an OLED display, and a high price tag.

TSMC, which produces a significant number of the chips utilized as a part of the iPhone X, cautioned speculators of falling interest for its chips. Apple is expected to launch three iPhones this year out of which two would feature 3D Touch.

More news: Google designs homepage with doodle to celebrate Dadasaheb Phalke's birth anniversary

"That lower-priced iPhone X, essentially, should be a successful product". KGISecurities analyst Ming-Chi Kuo states that Apple will opt for a new display which is not compatible with 3DTouch.

For most companies, one product facing growth headwinds wouldn't be a concern. Altogether, Apple sold in excess of 77 million iPhones amid the 2017 Christmas season. In effect, the 6.1-inch iPhone will appeal to prospective buyers who are eager for a new form factor but who aren't exactly keen on spending a grand on a new device.

Counterpoint Research recently reported that Apple's share in the Indian market plummeted, giving way for Samsung to become the dominant player.

"The rumoured lineup could quickly change, and pricing remains a wild card - Apple appears to have somewhat mis-estimated price elasticity this time around, but what might they change going forward?"

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