The CLSA analyst says that anyone who wanted an iPhone X last month has already purchased one, meaning that demand has been satiated. However, both Baratte and Piper Jaffray analyst Michael Olson agree that Apple can jump start the iPhone X market by cutting prices of the high-end model.
Olson, who is bullish on Apple unlike Baratte, expects the tech giant to offer a lower-priced iPhone X model this year, and an iPhone X Plus premium variant as well. That dovetails with earlier reports that Apple will offer a 6.5-inch iPhone X later this year, a lower priced iPhone X-type model with an LCD screen, and an iPhone X sequel with a 5.8-inch OLED display.
"We expect a lower priced X-gen option (likely the current iPhone X with a price cut) and we wouldn't be surprised to see a 'plus' X-gen model in 2018. Such a price reduction would likely test the "upper bounds" of what iPhone users are willing to pay, the analyst said, and could provide a cheaper option for those looking for more screen space on their smartphone."-Michael Olson, analyst, Piper Jaffray
source: CNBC