Science

US Buyers Favor iPhone 7 Over iPhone 8

US Buyers Favor iPhone 7 Over iPhone 8”

Also, it was reported that a carrier store survey suggested that iPhone7 sales was outstripping that of the new phone just a month after the new launch, Reuters reports.

The iPhone X comes with Apple's new A11 Bionic processor this is the same processor found in the iPhone 8 and it appears to offer impressive performance, the handset is also expected to come with 3GB of RAM.

US wireless carrier AT&T said its third-quarter postpaid handset upgrades were fewer by almost 900,000 from a year ago, and brokerage Jefferies attributed it to weak iPhone 8 demand.

"We think the market could have over-focused on the production swing in different SKUs, but overlooked that the overall iPhone production is largely on track", they wrote, differentiating between different Taiwanese suppliers. The anticipation of the more advanced iPhone X would have caused the low iPhone 8 sales after the opening weekend.

"Our research suggests the production mix was 50/50 between iPhone 8/8 Plus and the iPhone X, but iPhone X allocation could shift up to 60-70 percent in December and even more in the March quarter", Zhang said.

This show-up was not only reported in China, but in some parts of the world as well. Still, it was not as big as the line up in the previous years. The reports do not specify details of the production cuts nor the source of the information.

"Worrying about any small down-tick in margins from the sale of the iPhone 7 or 8 is a wrong-headed way to look at it, as iPhone X is really the flagship device where we're going to see a strong upgrade cycle", said Jason Ware, chief investment officer of Albion Financial Group.

The new iPhone X is nearly here, Apple are launching the device on the 3rd of November. The upcoming iPhone X will start at around 1319 CAD, and pre-orders for the iPhone X will begin on 27 October.

Perhaps one interesting thing to note is that even on launch day, the iPhone 8 was still readily available, something that is quite unusual when compared to other models at the time of launch, where they are usually sold out.



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