IPhone 8 and iPhone X production issues - AAPL stock dropped by 1.5%

More people are buying Apple iPhone 7 than iPhone 8 – here's why

Although sales of Apple's new iPhone 8 models appear to be slower than anticipated, Verizon is expecting a big pick up in sales for the more expensive iPhone X, which will be available for preorder starting next week.

Apple last month introduced the iPhone 8 and iPhone 8 Plus, which resemble the iPhone 7 but have a glass back for wireless charging.

USA wireless carrier AT&T said its third-quarter postpaid handset upgrades were fewer by almost 900,000 from a year ago, and brokerage Jefferies attributed it to weak iPhone 8 demand.

Over the past few years, Apple has forged several enterprise level partnerships with software firms like Deloitte, Cisco Systems, Accenture, SAP and International Business Machines, but the level of cooperation seen in the deal with GE has not been seen before. The anticipation of the more advanced iPhone X would have caused the low iPhone 8 sales after the opening weekend.

But Verizon CFO Matt Ellis sounded confident that the upgrade rate would improve as the iPhone X hits, as well as Google's new Pixel 2 line of Android phones googl . Now, a new investor note from Barron's says that Apple has run into even more production issues. Kuo had also predicted that only 2-4 M units by January 2018.

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Deutsche Bank analysts, however, played down the importance of any cut in iPhone 8 production in favor of iPhone X. Adjusted earnings per share of 98 cents matched analysts forecasts and were just below last year's $1.01 for the same quarter.

The apps will give industrial operators more insight and visibility into the performance of their equipment and operations right from their iPhone or iPad. The upcoming iPhone X will start at around 1319 CAD, and pre-orders for the iPhone X will begin on 27 October.

While the iPhone 8 is now being sold, the iPhone X will be released on the 3rd of November, but the units will still be sold sparingly until next year.

In fact, the iPhone X is arguably the iPhone 8's largest rival, as while Android handsets are often technically superior in hardware terms than iPhones, Apple's iOS has a very dedicated following, which is why previous iPhone models have sold well despite the lack of QHD displays and cutting-edge design.

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