'Anemic' iPhone 8 demand, production cuts weigh down Apple

The Best iPhone X Accessories

Apple's iPhone X was making news well before the device was anywhere close to official, with speculation on what features the smartphone would offer running rampant.

Initial shipments are expected to total around 20 million units, which is about half the planned amount for this year, adds Nikkei. The fund owned 90,851 shares of the iPhone maker's stock after selling 3,913 shares during the period. Apple's press release says that anyone hoping to walk into an Apple Store and walk out with an iPhone X next Friday is "encouraged to arrive early".

Apple Inc last month had the highest share in the nation's mobile phone market in terms of sales volume and value after launching its latest iPhone models, industry sources said yesterday.

Pre-orders for the iPhone X open this Friday, Oct. 27 at 12:01 a.m. PDT.

Apple's iPhone sales have been on the decline for the past few quarters, and while Apple is far from being in trouble, it does signal that perhaps consumers are getting bored with what Apple is offering. Like previous articles about iPhone X challenges, the report blamed the shortfall on difficulties in manufacturing the components for Face ID, Apple's new facial recognition feature for biometric security.

To be exact, Wozniak said, "I'd rather wait and watch that one...."

New reports from unnamed supply chain sources claim that difficulty in production of the Face ID sensor suite has held up production of the iPhone X so much, that Apple is only going to get about 20 million units delivered before the end of 2017, AppleInsider said. You still pay the same, you just take longer to pay it off. Sprint offers a $22.22 a month for 18 months iPhone X deal when you trade in select devices. Eligible for $200 off: Apple: iPhone 6, 6 Plus, SE; Google: Pixel; LG: G5, V20; Motorola: Z Force, Z Droid, Z2 Play; Samsung: GS6, GS6 edge, GS6 edge +, Note 5. That's an alternative for those who don't choose to get the new phone through Apple's iPhone Upgrade Program.

Analysts are expecting a huge rush from fans to pick up an iPhone X, with one industry expert predicting it will be sold out until next year.

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