Is the ‘super premium’ iPhone X cannibalising iPhone 8, 8 Plus?

Sales of iPhone 8 and 8 Plus are taking a hit as people are waiting instead to buy a “super premium” iPhone X.

Updated on: Sept 23 2017, 16:47 IST

By INDO ASIAN NEWS SERVICE, SAN FRANCISCO

Apple CEO Tim Cook announces the new iPhone X at the Steve Jobs Theater. (PTI)

As the sale of iPhone 8 and 8 Plus began in several countries on Friday, queues outside Apple Stores were shorter than previous years and the growing craze to own "super premium" iPhone X is likely to be the reason. Various Apple Stores across the world reportedly saw a thinner crowd, fewer than last year's iPhone 7 launch, tech website CNET reported on Saturday.

Most people seem to be holding out for the crown jewel of this year's iPhone series launched — the iPhone X, costliest of them all with a price starting at $999. Even on home turf, the Apple Store at San Francisco's Union Square did not perform well.

Don't Delay Your tech Upgrade

Explore personalized EMI offers for your next purchase

Check Eligibility →

"A 38-year old tourist from Brazil, Thais Aguilar, was contemplating whether to get an iPhone 8 before she flies back home on Saturday. After a while, she decided to wait to buy an iPhone X back home and pay possibly three times as much as the $999 price in the US," the report added. Instead, Aguilar opted to buy Apple Watch Series 3. "Many other customers also seemed to prefer buying Apple Watches instead of iPhone 8 and 8 Plus, the report added. This confirms earlier reports that iPhone X will cannibalise iPhone 8 orders.

Also read: Looking for a smartphone? To check mobile finder click here.

"While it takes three to six weeks or more to ship new iPhone models after they are available for pre-order, they see the iPhone 8 taking less than one to two weeks. This is due to the iPhone X cannibalisation," Ming-Chi Kuo, the most famous Apple analyst with KGI Securities said earlier this week. Ming, however, said the new Apple Watch Series 3's (GPS + Cellular version) could be a runaway hit.

"We estimate the pre-order weighting of the GPS + Cellular version is 80-90%. While not available in all countries, most users have pre-ordered the GPS + Cellular version because it offers phone and internet access functions without an iPhone and given the low premium of $70 over the GPS version," the analyst had predicted.

iPhone 8 and iPhone 8 Plus were made available from September 22 in the US, Australia, Canada, China, France, Germany, Hong Kong, Singapore, the UAE, the UK and other countries. Apple would launch iPhone 8 and iPhone 8 Plus, starting 64,000, in India on September 29 while pre-bookings started on September 22. The iPhone X will come to India on November 3, starting at a price of 89,000.

Apple Watch is available in two different case sizes, 38mm and 42mm from September 29 in India. Apple Watch Series 3 (GPS) will be available in gold, silver and space grey aluminium cases with a Sport Band, starting at 29,900.

Follow @htlifeandstyle for more

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on ,Twitter, Facebook, , and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 23 Sept, 16:46 IST

Don't Delay Your tech Upgrade

Explore personalized EMI offers for your next purchase

Check your eligibility in 1 minute
Check Eligibility →
100% secure No impact on credit score