Apple is expected to cut prices on iPhone X, iPhone 8 and 8 Plus due to low demand
Apple may consider a price reduction on its lineup of smartphones in 2017. About possible reduction in price of the flagship iPhone X initially reported by Taiwan resource DigiTimes, a well-known for its connections with sources in the supply chain of the production. Then the rumor was picked up by other sources and now a number of analysts predicts reduction of prices on the iPhone X and iPhone 8 and 8 Plus.
This is linked with not as good sales of smartphones like Apple had hoped, and lower demand for them. According to analysts, sales could increase substantially if prices on iPhone X, iPhone 8 and 8 Plus will decrease by $ 50 or more.
It is noted that the reduction may start in early 2018. Most likely the new prices will be announced in early spring, when Apple usually holds a press event on its other products, but not smartphones.