Shares of Apple Inc. fell nearly 3% on Thursday, which insiders said was due to weak iPhone 8 demand. device has caused analysts and investors to question the company's strategy.
Mobile providers in the United States and Canada report slow upgrades in the third quarter, and while some are expecting some recovery with the release of the iPhone X in November, others warn that the high price of the phone could add to demand.
Rogers Communication CEO RCIb.TO, Canada's largest mobile network, said on Thursday that the desire to acquire Apple's iPhone 8 and 8 Plus, released in September, was "anemic", awaiting of 3's November release of the most expensive iPhone X.
Its financial director Verizon Communication Inc Matt Ellis said the number of upgrades in the third quarter was down from previous years, but he expects the iPhone X upgrade.
"As we enter the holiday season, we think we will see more demand."
Η Apple Lossless Audio CODEC (ALAC), to date has not provided updates with sales numbers, but indications from them suppliers they are not encouraging.
To understand the confusion in the market, we will mention that the oldest iPhone 7 Outsells Its Successor One Month After iPhone 8 Launch, KeyBanc Capital Analyst Says Markets, John Vinh.
So the frenzy that prevailed every year after the announcement of the new iPhone was not seen this year, which was not unseen by investors.
Meanwhile, it is not just the public that refers to the high price of the iPhone X. Rogers CEO Joe Natale said that the expectation for the iPhone X is high, and that Apple's starting price of 999 dollars makes it a expensive device.
