Apple iPhone 8 is not selling well in the USA market


KYM's Editor, Rich, has already called it in a few articles on our site, but according to new reports consumers also agree - the iPhone 7 is better than the iPhone 8.

According to a KeyBanc Capital Markets broker John Vinh, Apple iPhone 7 is outselling the newly announced iPhone 8, citing carrier store surveys. KGI Securities well-connected Apple analyst Ming-Chi Kuo previously called for 30 million to 35 million units of the iPhone X to be produced in 2017.

'Feedback from stores indicate customers are waiting to purchase the iPhone X or to compare the iPhone X before buying the iPhone 8, ' wrote Mr Vinh, who is rated four out of five stars by Thomson Reuters StarMine for his recommendation accuracy on the Apple stock.

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Besides the iPhone X, Apple had also launched the iPhone 8 and iPhone 8 Plus last month.

There are enough signals pointing out to a "soft availability" of the iPhone X during the week of November 3, and possibly throughout the rest of the year. A new report, however, is claiming this morning that Foxconn has only just recently shipped its first batch of iPhone X devices, totaling a paltry 46,500 units.

The 10th-anniversary iPhone is priced from $999 (£999) - Apple's most expensive mobile till date.

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The first wave of the iPhone X will have an estimated 46,500 devices produced in two Chinese facilities.

"Carriers continue to offer promotions, but they have been much more modest, compared to the iPhone 7 launch last year", Vinh said.

"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". Pre-orders for the hands will open on October 27.

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