Apple's DEFINITELY Making A Cheaper iPhone X (With LCD) In 2018

Apple's DEFINITELY Making A Cheaper iPhone X (With LCD) In 2018

We have been hearing about Apple's small screen smartphone iPhone SE 2 or the successor of iPhone SE that was released in 2016 since a year ago but it's still like a mirage with the Cupertino giant not revealing anything about it.

A French investigation into possible "planned obsolescence" or "fraud" by Apple is being led by antitrust and consumer protection specialists in the French economy ministry. That translates into an average sales price of $760 per iPhone, a 10 percent increase from the same time in the previous year when Apple sold about 78 million iPhones at an average price of $694.

Credit: Tom's GuideThat's according to analyst Ming-Chi Kuo of KGI Securities, who's developed a following based on his connections to Apple's supply chain. So far, Apple is preparing to launch three new iPhone models until the second quarter of 2018. "As such, we believe Apple is unlikely to have enough spare resources to develop a new iPhone model for launch in 2Q18". Last week, Apple teased a new software update that will give users the ability to opt out of the company slowing down their phones.

It was said to be too early in the probe to speculate regarding the potential for Apple to be accused of wrongdoing.

If Kuo's correct, the lack of a new iPhone SE would be bad news for a few reasons.

With this in mind, Nikkei also notes that Apple is now considering to lower the production of iPhone models with OLED displays and boost the production of iPhone models with LCD displays. Presumably, Apple would continue to offer the 4.7-inch iPhone 8, but that would feature older components. Compared to the giant 6-inch-plus phones Apple is rumored to be releasing this year, it could make sense to keep an updated version of the smaller SE around. According to Cramer, the only question now is whether estimates for Apple earnings will fall so much that the company's stock becomes expensive.

As for the fate of the iPhone X, it is speculated to remain in the market, though the price may possibly be lowered in the coming months.