KGI Securities also added that Apple is expected to stop making the iPhone X altogether when it accelerates the production of the 2018 iPhones.
Apple might be working on a 6.1-inch iPhone with an LCD display, alongside a larger 6.5-inch iPhone X Plus, for a September 2018 reveal. The information comes from KGI Securities, an brokerage and investment banking firm known for its accurate estimates of Apple’s iPhone iPhone plans.
According to KGI, Apple will have a three-tier 2018 iPhone lineup consisting of the 6.1-inch LCD iPhone, the 6.5-inch OLED iPhone X Plus and a 5.8-inch successor to the iPhone X. The firm also suggests that Apple will stop manufacturing the iPhone X completely once it accelerates the production of its 2018 iPhone portfolio. According to KGI, the iPhone X will “go to end of life around mid-2018.”
As far as the pricing of the 2018 iPhones is concerned, KGI estimates that the 6.1-inch LCD iPhone will cost significantly lower than the current iPhone X. The 2018 LCD iPhone is expected to be priced between $650 – $750 (Rs 41,499 – Rs 47,883).
In the same report, KGI also lowered its estimates for iPhone X shipments for the current quarter. According to analysts at the firm, Apple will ship 18 million iPhone X units this quarter and 13 million in the next one, compared to a previous estimate of 20-30 million units. The flagship phone from Apple is apparently not doing too well in China, where customers are not too pleased with its notch design.
The Apple iPhone X was launched in India back in November 2017. The smartphone comes bearing a new design and an expensive Rs 1.2 Lakh price tag for the 256GB variant. The iPhone X comes with a bezel-less all-screen design, except for the 'notch' that houses Apple's new TrueDepth camera system. The iPhone X also won Digit's Zero1 Award for the Best Premium Smartphone in 2017.
Follow Us
Digit NewsDesk
Digit News Desk writes news stories across a range of topics. Getting you news updates on the latest in the world of tech. View Full Profile
