KGI: Apple to Discontinue iPhone X Rather Than Sell at Lower Price When Second-Generation Model Launches

Apple will discontinue the first-generation iPhone X when the second-generation model launches later this year, rather than sell the original at a lower price point, according to KGI Securities analyst Ming-Chi Kuo.


In a research note obtained by MacRumors, Kuo said that Apple keeping the current iPhone X in its smartphone lineup for a reduced price, such as $899, would likely cannibalize sales of the mid-range 6.1-inch iPhone with Face ID expected to launch in the second half of 2018.

More details to follow…

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