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Apple shares down over poor iPhone 8 sales report

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San Francisco, Oct 20 (IANS) A report in a Taipei-based newspaper stating that Apple had cut orders for iPhone8 by more than 50 per cent owing to poor sales led to Apple shares plunging up to 2.8 per cent on Thursday.

However, the Economic Daily News which quoted analysts did not elaborate on what sort of orders had been cancelled.

Apple was yet to comment on this.

There’s a “more anaemic appetite for the iPhone 8 right now,” Joe Natale, chief executive of Canadian carrier Rogers Communications, was quoted as saying in an Irish Examiner report on Friday.

iPhone X has some hugely incremental features compared to the iPhone 8 and 8 Plus, like less-bezel, facial-recognition system (FaceID), wireless charging and animoji, etc.

Earlier media reports had predicted weak demand for iPhone 8 owing to a “super premium” $999 iPhone X.

The queues outside Apple Stores were shorter than previous years and the growing craze to own “super premium” iPhone X was likely to be the reason.

The various Apple Stores across the world reportedly saw a lot thinner crowd, far fewer than last year’s iPhone 7 launch.

The latest development confirms earlier reports that iPhone X is cannibalising iPhone 8 orders.

“While it takes three to six weeks or more to ship new iPhone models after they are available for preorder, they see the iPhone 8 taking less than one to two weeks. This is due to the iPhone X cannibalisation,” Ming-Chi Kuo, the most famous Apple analyst with KGI Securities said recently.

There have also been some reports of iPhone 8 batteries swelling and phones being left split apart.

iPhone 8 and 8 Plus went on sale on September 22. Apple was yet to release figures for the early sales of iPhone 8 and 8 Plus.

The pre-orders for “super-premium” iPhone X will begin on October 27, with shipping starting November 3.

The iPhone X will come to India on November 3, starting at Rs 89,000.

Smartphone users in India have also said that the lack of innovation coupled with high price of the devices have affected their decision to buy iPhone 8 and 8 Plus.

The iPhone 8 (64GB) costs Rs 64,000 while the 256GB variant comes at Rs 77,000. The iPhone 8 Plus starts at Rs 73,000 for 64GB while the 256GB variant costs Indian users Rs 86,000.

–IANS
na/bg

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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