iPhone X Demand in the market: Survey! Apple shares fell after the weak sale!

Well, as you all know that Apple already launched the iPhone X and iPhone 8 in the market and now it’s all in people that how much they are going to buy these both handsets. Also, the reports are coming that these both handsets are gaining good popularity but they both aren’t that much exceptional. You can read a lot about the demand in the market for these phones in below by a given survey.

As per the reports, days before Apple Inc’s much-awaited iPhone X opens for pre-orders, a survey by brokerage Bernstein showed that demand for the device will be substantial, but not exceptional. Yes! You are reading it right that the demand on the market is not that big as expected by the company bit it’s not bad though.

The survey is saying that heightened anticipation around the 10th anniversary iPhone, which opens for pre-orders on October 27 and begins shipping from November 3, has already dented demand for the just-launched iPhone 8 and 8 Plus. Also, the less sale then expectations are affecting the share market and Apple shares fell last week after reports of iPhone X production delays and weak sales of iPhone 8 model.

“The excitement surrounding the iPhone X appears to be magnitudes higher than actual purchase intent – 48 percent of respondents strongly agreed that they were excited for the iPhone X,” Bernstein said, citing a survey of 1,112 iPhone owners in the United States, UK, and China.

As you all know that Apple launched iPhone 8 and 8 Plus last month amid muted reception as fans awaited the iPhone X, and a survey by broker KeyBanc Capital Markets had pointed out that older iPhone 7 models outsold iPhone 8. While it was doubtful how many iPhone users will upgrade to the $999 iPhone X, an overwhelming majority will still choose an Apple device, according to the survey.

“Consumer loyalty to iPhone remains remarkably strong, despite persistent complaints about high prices and worries about declining innovation, with only 3 percent of respondents stating that their next phone would *not* be an iPhone,” Bernstein said.