Apple has launched the most advanced and expensive iPhone X this year, with an initial price of Rs 89,000. Now the news is that the company can stop the production and sale of this smartphone, but not yet, after the launch of the next iPhone. Generally Apple continues to produce the old iPhone model for several years after launching the new iPhone. In such a situation, it is important for you to know the reason behind this report.
In a report by Apple Insider, KGI Securities analyst Ming Chi Kuo said that the demand for the iPhone X is less than expected, so the company is in the process of canceling this model. It has also been said in the report that in the middle of this year, the company will stop its production. In 2014 the company closed the iPhone 5C for the first time. Looks like iPhone X might repeat the history.