"After the first wave of demand has been fulfilled, the market now worries that the high price of the iPhone X may weaken demand in the first quarter", Zhang wrote in a report earlier this week.
However, Apple may see an increase of sale for the iPhone 8/8 Plus/X in China in 2018 as the company is expected to pour 30-50 million more units in the region.
Apple's uptake for newer iPhone models rose to 73 percent in 2016 when the iPhone 7/7 Plus was released.
Last week, the company acknowledged that operating system updates released since "last year" for the iPhone 6, iPhone 6s, iPhone SE and iPhone 7 included a feature "to smooth out" power supply from batteries that are cold, old or low on charge.
Earlier today, word spread that Apple's iPhone X may not be selling as briskly as initially anticipated.
According to some analysts, shipments this shopping season are 10 million less than estimated. Apple came under fire recently after it admitted to intentionally making older iPhone models slower and the poor press added fuel to the bear argument that AAPL stock is overvalued and due for a correction in 2018.
Australian law firm Shine Lawyers' Jan Saddler said Apple could be slapped with additional global lawsuits, considering the company misled millions of consumers worldwide into believing that their iPhones were malfunctioning, causing them to upgrade to newer and more costly devices. USA -based suppliers like Lumentum Holdings Inc., Cirrus Logic Inc. and Broadcom Ltd. also tumbled. However, competitors like Samsung and Huawei are catching up on Apple especially in emerging markets like India and China. Equities analysts predict that Apple will post $8.94 EPS for the current fiscal year. The company also had described pre-orders for iPhone X as "off the charts".
Shares of Asian suppliers, such as Lens Technology Co., Shenzhen Desay Battery Technology Co. and Largan Precision Co. fell Monday on the report.
Lens' shares bounced back the next day, but Largan's continued to fall. Shenzhen Desay was little changed.
Officials for Apple France could not be immediately reached for comment.
Apple has not publicly disclosed quarterly sales targets for the iPhone X, which went on sale in November in India. Instinet reissued a "buy" rating and issued a $185.00 price objective (up previously from $175.00) on shares of Apple in a research note on Wednesday, September 6th. He lowered his rating to "neutral" from "buy".
Pointing to thousands of complaints online, HOP said that many printers stopped working when ink levels were shown as too low and also said other components were wrongly flagged as needing replacement. Apple has been reluctant to share how new iPhone sales broke down in 2017, with the Cupertino firm even suggesting that, as it has never had three new handsets launching pretty much simultaneously before, even it was uncertain how consumers would behave. "They won't easily ditch the premium brand image of Apple and the iOS they already feel comfortable with", said Seo Ki Man, an analyst at LG Economic Research Institute.
Nic Cage and Selma Blair play the main villains of the film, while their kids are played by Anne Winters and Zackary Arthur. After all, it is directed by one half of the duo that brought the Crank movies to cinemas, Brian Taylor .
Milwaukee police officers sprung into action when they saw a auto flip over and burst into flames on Tuesday. Two Milwaukee police officers are being hailed as heroes after they rescued two teens from a burning auto .
We should have known better than thinking a Jason Garrett coached team would handle their business when they had to the most. Seahawks safety Earl Thomas seemed to express some interest in playing for his childhood favorite team after Sunday's game.
After $0.86 actual EPS reported by Teck Resources Limited for the previous quarter, Wall Street now forecasts 0.00% EPS growth. The stock of Wells Fargo & Company (NYSE:WFC) has "Hold" rating given on Wednesday, January 18 by Argus Research.
We're already hearing from local residents who are less than thrilled about the Lower East Side's latest street art installation. Swedish street artist Carolina Falkholt chose the side of 303 Broome St.as the canvas for her four-story phallic masterpiece.
It is positive, as 14 investors sold MINI shares while 44 reduced holdings. 118 funds opened positions while 525 raised stakes. I-G Investment Management Ltd increased General Electric Co (GE) stake by 6936.26% reported in 2017Q3 SEC filing.
Like in the case of all other updates, the latest Android 8.0 Oreo update for the Moto X4 has been rolled out via OTA. Some of you may already have received an automatic notification regarding the update already.
Osborn Williams & Donohoe LLC's holdings in Verizon Communications were worth $517,000 at the end of the most recent quarter. Psagot Investment House Ltd. boosted its position in Verizon Communications by 0.5% in the fourth quarter. (NYSE:VZ).
Lettieri, 22, has skated in 31 games with the Wolf Pack this season, registering 12 goals and nine assists for 21 points. The news is a major blow to NY , although the health of the 26-year-old is a far more important issue at this point.
A spokesman said: 'Police are becoming increasingly concerned for the welfare of a missing 21-year-old girl from Gorleston. The disappearance of the University of East Anglia biomedicine student was said to be "very out of character".
Pollard pulls out of T20 series
New Zealand won the toss and chose to bat Tuesday in the third one-day cricket worldwide against the West Indies at Hagley Oval. Bay Oval in Mount Maunganui will host the last two games on New Year's Day and January 3.
California couple used drone to deliver drugs
Detectives found used and uncapped hypodermic syringes in a bedroom along with unpackaged powders believed to contain fentanyl. Police nabbed the couple last Thursday on suspicion of selling drugs, after neighbors tipped them off.
Arctic cold front arriving this weekend
Freezing rain and a wintry mix are in the forecast for the Midlands in the coming days, as temperatures continue below normal. Those of you that have exposed pipes, please make sure you get them wrapped prior to the arrival of this very cold air.
Census Bureau shows Idaho is nation's fastest growing state
IL lost about 33,700 residents, dropping the total population to 12,802,023, the greatest numeric population loss of any state . For many years, New Hampshire was the fastest-growing state in the Northeast, largely due to people moving in from MA .
Were Analysts Bearish Lennar Corporation (NYSE:LEN) This Week?
The Toronto-Dominion Bank (TD) exchanged hands at an unexpectedly high level of 1.15 million shares over the course of the day. After $1.06 actual EPS reported by Lennar Corporation for the previous quarter, Wall Street now forecasts 41.51% EPS growth.
Analysts Reveals Updates on Rigel Pharmaceutical (RIGL)
The stock witnessed -14.19% declines, 55.7% gains and 31.32% gains for the 1-month, 3-month and 6-month period, respectively. Inc. increased its stake in shares of Rigel Pharmaceuticals by 20.4% in the 2nd quarter. (NASDAQ: RIGL ) for 9,460 shares.
White rhino calf born at Toronto Zoo
The near-threatened animal is the first white rhino to be born at the zoo in 27 years and he entered the world on Christmas Eve. It's the first birth of a white rhino at the Toronto Zoo since 1990, and the fifth in the zoo's history.