Apple Shares Fall , iPhone 8 and 8 Plus fails to attract Customers

In the premarket trading, Apple’s shares fell 1.5 percent on Thursday. It is being reported that due to the decrease in demand of iPhone 8 and iPhone 8 Plus, Apple’s shares have dropped. Giving information from a Taiwanese daily news report, Reuters reported that the order for both models was cut for November, December. According to the report, Apple has cut the order of these months for almost 50 percent of the two models.

In this regard, Reuters tried to get answers from the company, but no one was available. At the same time, last month it was reported that the pre-booking of Apple’s new iPhone 8 and 8 Plus has fallen by almost 50 percent compared to last year’s iPhone 7 and 7 Plus. At the same time, mobile retailers said that most of the customers are avoiding their plans to buy a new iPhone due to the iPhone X which is launching in November.

Reason Behind Apple iPhone 8 and 8 Plus failure

Apple has launched iPhone 8 and 8 Plus as the update of iPhone 7 and 7 Plus , Both the devices shared same body as iPhone 7 and 7 Plus except the Glass Back , with some minor updates in camera ad performance , battery etc , it doesnot attracts much customers , as many customers expected an all new device but apple has given an updated  and version of iPhone 7 and 7 Plus . Another Reason is Samsung’s Galaxy S8 and Note 8 , Samsung’s flagships o9ffers much more value for money and features than iPhone 8 and 8 Plus , that’s why many customers are preferring Samsung S8 and Note 8 instead of iPhone 8 and 8 Plus.

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Anshul Sharma

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