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
-
Watch Live: Ken Ofori-Atta’s U.S. immigration case hearing
1 hour -
CCC’s StartWell Conference 2026 to champion transformational leadership
2 hours -
Honour Yaw Sarpong’s legacy – Kumasi residents urge MUSIGA, gov’t
2 hours -
Protests at US Embassy won’t expedite Ofori-Atta’s return – Frank Davies
2 hours -
QNET commends law enforcement, welcomes convictions, reaffirms zero tolerance for fraud and brand misuse
2 hours -
VORSAG-GCTU celebrates Opong-Fosu for exemplary leadership
2 hours -
Savage 4 releases ‘Abonten’ with Novelist and Smallgod, ushering in Ghana Grime
2 hours -
Graham Ankamafio named in FC Copenhagen squad for Champions League clash with Napoli
3 hours -
Photos: Fire destroys shops around Royal VVIP bus terminal at Kwame Nkrumah Circle
3 hours -
I will contest in the Ayawaso East by-election – Baba Jamal confirms following MP’s Death
3 hours -
Ghana-China signs $30m grant agreement to build university in Damongo
3 hours -
13 illegal miners arrested in Western North raid
3 hours -
Daily Insight for CEOs: The CEO’s role in strategic communication and message discipline
3 hours -
Police probe fatal shooting involving female officer at Weija
3 hours -
Ofori-Atta should return if innocent – Hopeson Adorye
3 hours
