Apple Halves iPhone X Production After Disappointing Holiday Sales

iOS 11.3 features: Better AR, new Animojis and a Health App update

Apple will not kill the iPhone X this year – Report

The government has requested information from the company, Bloomberg reported, citing people familiar with the matter.

And on Thursday, we'll all get a look at how well the iPhone X did during the 2017 holiday season when Apple reports its fiscal first-quarter results.

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Apple's initial target for the iPhone X was 40 million units during the first three months of 2018, but that has been slashed to 20 million units due in part to production problems and a lack of sales particularly in major markets such as China, the us and Europe.

The figure is slightly better than KGI's revised forecast of 18 million. It's a story that could be interpreted in many ways but one thing remains very clear, the iPhone X has not performed as well as Apple thought. The 256-gigabyte model sells for $1,149. He says that if Apple does decide to launch a successor in 2018, it will be a minor refresh. The device brings major additions such as facial unlocking technology and wireless charging. Unfortunately for the company, the enhanced features have not been enough to entice the projected sales.

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If you were counting on a new iPhone SE arriving this spring, maybe it's time to start making alternative plans.

The past two months have been tumultuous for the American tech leader, with complaints and lawsuits being filed against the company for its move to slow down the performance of its aging iPhone models. The OLED display panels are being manufactured by Samsung Electronics. The 3D sensors for the facial recognition as well as the edge-to-edge 5.8-inch OLED display panels are highly technical and hard to manufacture. A likelier narrative points out the relative cost of production of iPhone X units. Apple, the same report said, would make 30 million non-iPhone X handsets during the period, including the iPhone 8, a number that hasn't changed.

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Apple, one of the biggest name in the smartphone business saw its share prices tank by 2% at NASDAQ on Tuesday following reports of the cutdown of its flagship model.

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