Apple Introduces A New Device To The Smartphone Industry; The iPhone X

Since the year began, Apple has been developing its market potentiality by the day. Research has it that the release of iPhone 8 and 8 Plus was a surprise to the market. This was quickly followed by the release of iPhone X, which has become an eye candy for many iPhone users putting the company at another level of recognition.

According to TrendForce, a Taiwanese market research firm, iPhone X’s success is a huge milestone for Apple. The company is expected to outdo Samsung and become the world’s largest Smartphone maker.

 The iPhone X is strong in terms of consumer interest

The new iPhone 8 and 8 Plus are already a hit in the market having sold 11.8 million units. However, in as much as the sales were so strong, they were overtaken by those of iPhone 7, which was much lower in price. They were also taken aback by the introduction of the iPhone X.

iPhone X has already been launched in over 55 countries having hit the market earlier this month. Apparently, it is in such a high demand, which may have resulted into the go – slow in the production of Samsung’s Galaxy S8 and S8+. TrendForce says that from the look of things, the Cupertino based company is likely to increase its market share to 19.1 percent compared to Samsung’s 18.2 percent. Clearly, the race between the two is somewhat very tight.

But why is iPhone X in heavy demand?

Apparently, the last quarter of Apple is always is strongest given that there has to be a launch of a unique and competitive product. That said, there is a lot to take note of in the iPhone X, which is already making airwaves.

Regarding its features, its radical design change is impressive alongside the new forward-facing additions. Records have it that it is likely to report an estimated revenue of around $84 to $87 billion. The iPhone maker is embracing the slightest opportunity in defending its market share.

However, even with the tight competition, Samsung has maintained its spot in being the top smartphone vendor in Q3 2017. The South Korean smartphone giant had an 8.2 percent growth and a 22 percent market share.

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