Apple slashes heavily on iPhone X production amidst poor opening sales

Apple found themselves in a peculiar situation, as the renowned tech giant fell short of its expected sales numbers for the iPhone X. This latest smartphone iteration is slated to have 20 million units made in Q1 2018, a sharp 50% decline from 40 million in Q4 2017. Perhaps the market didn’t want to buy into a $1000 smartphone, as that is a hefty price for a model that isn’t much different than most other iPhones on the market. The iPhone X is special because its physical components are more costly to produce. Samsung Electronics even has some innovative...

Read More