Wall Street braced for plummeting sales of Apple iPhone X

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Would the LCD iPhone have no 3D touch feature and be made of a different kind of metal.

Apple has, however, reiterated that consumers should not go to third-party vendors for screen repairs and instead visit Apple for genuine displays. "That launch itself could move iPhone sales up 5 per cent a year", said Gene Munster, co-founder of Loup Ventures and a longtime Apple analyst.

By expanding this scheme, Apple will attempt to convince investors that business is doing well amid claims that iPhone sales are beginning to decline.

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Apple is rumored to be working on its largest iPhone ever and two other phones. According to statistics, iPhone 8 and iPhone 8 Plus bought is better than the iPhone X. Experts predict a further decline in sales of smartphones. With high launch prices and a handful of proprietary accessories, Apple must not alienate the mass market by becoming too expensive to buy.

The potential share buybacks and dividends follows the passage of the U.S. tax bill late previous year, which makes it cheaper for Apple to bring back the more than $250 billion it holds overseas.

Though there are numerous reports of slow iPhone X demand but still we expect the 2018 iPhone's to follow the similar design. iPhone X successor should come in more affordable price while iPhone X Plus should regain the top spot in the line-up.

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Apple recently sent employees a letter warning against leaking information-a memo that was ironically leaked to the media.

Indications of this alleged change surfaced a year ago when Barclays analysts suggested that Apple would eventually stop including the adapter with 2018 being the potential beginning of that change. The average selling price for iPhones will be $740 in the fiscal second quarter and $691 in the third, according to average analyst projections.

Investors will also be looking closely at Apple's forecast for sales in the upcoming quarter. The current iPhone SE uses the A9. It's important to note that Apple hasn't confirmed this change. This is the not the first time an issue like this has affected Apple iPhones.

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