Audio By Carbonatix
According to a recent report by Reuters, Apple’s older model, the iPhone 7, is outselling the newly launched iPhone 8.
Traditionally the newest models of the iPhone have sold quickly as soon as they are released on the market.
The iPhone 8 includes new features such as a glass back for wireless charging but otherwise resembles the iPhone 7.
“Many respondents indicated that a meaningful portion of customers are buying iPhone7 in lieu of the new iPhone8 given the lay of significant enhancements in the new phone,” John Vinh, KeyBanc analyst, said according to Reuters.
The iPhone 8 is marketed starting at $699, while the iPhone 7 costs $549 after the recent price cut. U.S. carriers have also been slow to advertise the new iPhone, compared to previous models.
Furthermore, the iPhone X, a stainless steel and glass anniversary version of the iPhone will start to ship on Nov. 3.
These are all reasons that may contibute to the lower sales of the recently launched iPhone 8. Still, Apple’s shares have gone up a little more than one percent since the release of the phone.
Latest Stories
-
Yaw Nsarkoh challenges AU, AfCFTA to rethink human capital and development orthodoxy
1 minute -
Joy FM Family Party in the Park lands blissfully in Aburi in just 8 days on Boxing Day
3 minutes -
Minority cautions government on financing strategy for new Accra–Kumasi highway project
5 minutes -
Foreign Minister Ablakwa confirms probe into death of 18-year-old Ghanaian student in Latvia
14 minutes -
Thailand bombs near Cambodia’s Poipet border crossing
22 minutes -
Foreign Affairs Ministry probes death of Ghanaian student in Latvia after family alleges foul play
23 minutes -
Seasonal hype is a trap for impatient investors
33 minutes -
US announces $11bn weapons sale to Taiwan
33 minutes -
CRI, HAPPY Programme push early generation seeds to boost soybean production in Ghana
37 minutes -
FIFA overturns three Malaysia matches amid player eligibility scandal
39 minutes -
Kwabena Agyepong pledges to lead NPP to victory, restore hope
43 minutes -
Ofori-Atta should return to Ghana; he’ll be treated fairly – AG assures
51 minutes -
Kenkey and Seafood Charity Dinner to be held in aid of autistic children
1 hour -
French ‘Doctor Death’ who poisoned patients jailed for life
1 hour -
Electricity Tariffs, cost recovery, and public trust in Ghana: The hidden crisis in power sector sustainability
1 hour
