iPhone X pre-orders will start later this week, but Apple co-founder Steve Wozniak would rather stick to the iPhone 8. Wozniak, who is known for carrying several phones, usually upgrades on the opening day.
Apple co-founder to ‘wait and watch’ the iPhone X
Known for his candor, Wozniak said he is happy with the iPhone 8, according to CNBC. Wozniak was quick to mention that the iPhone 8 is “just like the iPhone 7, which is the same as the iPhone 6, to me.”
To be exact, Wozniak said, “I’d rather wait and watch that one…. For some reason, the iPhone X is going to be the first iPhone I didn’t — on day one — upgrade to. But my wife will, so I’ll be close enough to see it.” Apple co-founder gave no clear reason why he is not buying the iPhone X now.
There's a gold rush coming as electric vehicle manufacturers fight for market share, proclaimed David Einhorn at this year's 2021 Sohn Investment Conference. Check out our coverage of the 2021 Sohn Investment Conference here. Q1 2021 hedge fund letters, conferences and more SORRY! This content is exclusively for paying members. SIGN UP HERE If you Read More
It’s not just Wozniak who is unsure about the iPhone X. Analysts are also finding it hard to estimate how successful Apple’s iPhone X would be, given the fact that the release date of both the flagships were split.
A survey by brokerage firm Bernstein concludes that the demand for the iPhone X would be substantial but not exceptional. “The excitement surrounding the iPhone X appears to be magnitudes higher than actual purchase intent – 48 percent of respondents agreed/strongly agreed that they were “excited for the iPhone X,” Bernstein said.
Further, the brokerage house stated that the loyalty of the customers towards iPhones remains consistent with only 3% of the respondents stating that their next phone would not be an iPhone. The study is based on the survey of 1,112 iPhone owners in the United States, UK and China, according to Reuters.
iPhone X facing production issues
Separately, a report from Nikkei claims that the initial shipments of the iPhone X are expected to be around 20 million units, only half of what was planned for this year. As iPhone X went into the mass production process, defects occurred in the bonding process for the OLED panels. Though the issue was resolved around July, problems were faced in the assembly of the face authentication module, the report notes.
For now, the iPhone X is being produced at a rate of 10 million units per month, but this year could just see 20 million iPhone X units, notes Nikkei. Meanwhile, Apple is in talks with other suppliers for the additional production of some components.
Anyway, the iPhone X pre-order sessions will soon go live. Potential buyers, who are planning to book one, need to make one big choice – the color of the iPhone X they are looking to buy. Apple, however, has made it a little less complicated by offering only two choices – Silver and Space Gray. It must be noted that the iPhone 8 models are available in rose gold color as well. As of now, it is not known if Apple plans on offering more color options for the iPhone X going forward.
On Monday, Apple shares closed down 0.05% at $156.17.