KGI lowers iPhone X shipment estimates, reaffirms Apple’s plans to launch 6.1 inch LCD iPhone, 6.5 inch OLED iPhone X Plus in September

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KGI Securities also added that Apple is expected to stop making the iPhone X altogether when it accelerates the production of the 2018 iPhones.

KGI lowers iPhone X shipment estimates, reaffirms Apple’s plans to launch 6.1 inch LCD iPhone, 6.5 inch OLED iPhone X Plus in September

Apple might be working on a 6.1-inch iPhone with an LCD display, alongside a larger 6.5-inch iPhone X Plus, for a September 2018 reveal. The information comes from KGI Securities, an brokerage and investment banking firm known for its accurate estimates of Apple’s iPhone iPhone plans.

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According to KGI, Apple will have a three-tier 2018 iPhone lineup consisting of the 6.1-inch LCD iPhone, the 6.5-inch OLED iPhone X Plus and a 5.8-inch successor to the iPhone X. The firm also suggests that Apple will stop manufacturing the iPhone X completely once it accelerates the production of its 2018 iPhone portfolio. According to KGI, the iPhone X will “go to end of life around mid-2018.”

As far as the pricing of the 2018 iPhones is concerned, KGI estimates that the 6.1-inch LCD iPhone will cost significantly lower than the current iPhone X. The 2018 LCD iPhone is expected to be priced between $650 – $750 (Rs 41,499 – Rs 47,883).

In the same report, KGI also lowered its estimates for iPhone X shipments for the current quarter. According to analysts at the firm, Apple will ship 18 million iPhone X units this quarter and 13 million in the next one, compared to a previous estimate of 20-30 million units. The flagship phone from Apple is apparently not doing too well in China, where customers are not too pleased with its notch design.

The Apple iPhone X was launched in India back in November 2017. The smartphone comes bearing a new design and an expensive Rs 1.2 Lakh price tag for the 256GB variant. The iPhone X comes with a bezel-less all-screen design, except for the 'notch' that houses Apple's new TrueDepth camera system. The iPhone X also won Digit's Zero1 Award for the Best Premium Smartphone in 2017.

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