AIRLINK 79.95 Increased By ▲ 1.56 (1.99%)
BOP 5.29 Decreased By ▼ -0.05 (-0.94%)
CNERGY 4.35 Increased By ▲ 0.02 (0.46%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 77.87 Decreased By ▼ -0.64 (-0.82%)
FCCL 20.44 Decreased By ▼ -0.14 (-0.68%)
FFBL 32.06 Decreased By ▼ -0.24 (-0.74%)
FFL 10.25 Increased By ▲ 0.03 (0.29%)
GGL 10.35 Increased By ▲ 0.06 (0.58%)
HBL 118.30 Decreased By ▼ -0.20 (-0.17%)
HUBC 134.40 Decreased By ▼ -0.70 (-0.52%)
HUMNL 6.94 Increased By ▲ 0.07 (1.02%)
KEL 4.49 Increased By ▲ 0.32 (7.67%)
KOSM 4.78 Increased By ▲ 0.05 (1.06%)
MLCF 37.94 Decreased By ▼ -0.73 (-1.89%)
OGDC 133.52 Decreased By ▼ -1.33 (-0.99%)
PAEL 23.50 Increased By ▲ 0.10 (0.43%)
PIAA 26.70 Increased By ▲ 0.06 (0.23%)
PIBTL 7.01 Decreased By ▼ -0.01 (-0.14%)
PPL 112.93 Decreased By ▼ -0.52 (-0.46%)
PRL 27.70 Decreased By ▼ -0.03 (-0.11%)
PTC 14.80 Increased By ▲ 0.20 (1.37%)
SEARL 57.80 Increased By ▲ 1.30 (2.3%)
SNGP 67.25 Increased By ▲ 0.95 (1.43%)
SSGC 11.09 Increased By ▲ 0.15 (1.37%)
TELE 9.21 Increased By ▲ 0.06 (0.66%)
TPLP 11.69 Increased By ▲ 0.02 (0.17%)
TRG 72.75 Increased By ▲ 1.32 (1.85%)
UNITY 24.85 Increased By ▲ 0.34 (1.39%)
WTL 1.39 Increased By ▲ 0.06 (4.51%)
BR100 7,515 Increased By 22.1 (0.3%)
BR30 24,633 Increased By 75.3 (0.31%)
KSE100 72,076 Increased By 24.3 (0.03%)
KSE30 23,768 Decreased By -40.1 (-0.17%)
Technology

Apple resumes producing iPhone X after weaker sales of XS, XS Max

After the launch of its latest iPhones, Apple has cut off production of its last year’s iPhone X. However, a new re
Published November 23, 2018

After the launch of its latest iPhones, Apple has cut off production of its last year’s iPhone X. However, a new report states that the company has resumed production of iPhone X after weaker sales of XS and XS Max.

According to a report by The Wall Street Journal, Apple has resumed production of the last year’s iPhone X because of weaker than expected demand for its latest iPhone XS and XS Max despite having favorable reviews. The move is reportedly because of an agreement made with Samsung for purchasing a certain quantity of OLED screens.

This year’s models were equipped with OLED displays, however, they failed to sell in the quantities required to fulfill the terms of the deal. Thus, in order to meet the terms of the agreement, Apple turned to its last year’s model iPhone X for a solution, which it ceased selling in stores when iPhone XS was released.

Research Reveals How Long the Average Pakistani Would Have to Work for the New iPhone

Also, because iPhone X is thought to be cheaper to produce as compared to the iPhone XS or XS Max, components and manufacturing equipment required to produce are now older and hence will be cheaper. The report suggested that Apple is using the iPhone X to make up for the lost sales of the iPhone XS and XS Max.

Moreover, there are also reports stating that Apple has cut production orders for all of its three new models due to lower than expected demand. The ‘budget-friendly’ iPhone XR is also reportedly struggling as customers choose to go for last year’s iPhone 8, which is cheaper than the XR, reported The Verge.

Copyright Business Recorder, 2018

Comments

Comments are closed.