Apple results to reveal sales slowdown due to pricey iPhone X

Apple to buy back $100B in stock insists iPhone X isn’t a flop

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Official and unofficial reports from Apple's suppliers suggest that demand for iPhone parts, in particular for the iPhone X, is a lot weaker than the company had hoped. Apple bundled the adapter with the iPhone 8 models and iPhone X, though it was hinted previous year that the same practice may not carry over into 2018. However, the iPhone 8 and 8 Plus looked similar to the iPhone 6 and 6 Plus models from about three years earlier. If Apple's iPhone growth continues to show signs of slowing, buybacks and the stock's 1.5 percent dividend will become even more important for investors.

According to a Forbes report, the upcoming iPhone SE2 will feature the exact same body as the 2012-era iPhone 5 and the 2016-made iPhone SE. Analysts are cutting their sales forecasts, sometimes drastically. The organization is relied upon to discharge three new iPhones this year, including a 6.1-inch LCD display. For Apple, the iPhone generates about two-thirds of sales, and the other third comes mostly from products and services best used with an iPhone. Analyst predicts that the company will post a March quarter in line with Apple's guidance when it announces the quarterly earnings after market close on Tuesday. The next generation Apple's iPad got released too late to be considered on the second fiscal quarter. Munster sees 18% to 20% growth. One of the phones is rumored to be an iPhone X upgrade while the other is said to be an affordable version.

Bernstein analyst Toni Sacconaghi notes that investors are "squarely focused on the health of the iPhone business".

Analysts believe, Apple is not going to release the gadget at a price of $1000.

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