Citi halves forecast for iPhone XS Max production in Q1


Android fans are not really happy at the pricing system of Apple but the iPhone has a huge market that swallows its products irrespective of the price.

Despite any number of stories claiming that Apple's iPhone XR isn't selling as well as anticipated, a new research report from Consumer Intelligence Research Partners (CIRP) paints a slightly more optimistic picture. The Android camp has seriously upgraded and we now have some flagship Android phones which are up to par with the latest iPhones and are available for half the price.

The decision to have iPhones manufactured in India may have something to do with the on-going trade war between the U.S. and China, according to sources close to Reuters.

The news comes hot on the heels of trade war between USA and China where Apple is expected to get a hit due to tariffs, with one previous report already indicating that Apple will move manufacturing out of China if tariffs hit 25%.

According to Reuters, sources familiar with the development revealed that Apple will soon start assembling iPhone X-series in the country with the help of Foxconn.

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Apple spokeswoman Trudy Muller declined to comment. Some reports suggest Apple has cut down on its production seeing the slack demand.

That's significantly lower than the 39 percent share captured by the comparably priced iPhone 8 and 8 Plus during the similar period a year ago, the study notes.

Still, it could potentially get Hon Hai to make the older iPhone X version in India in a bid to get a bigger share of the world's fastest-growing major mobile phone market.

Full details of Apple's deal with Foxconn are not yet clear and could change. Additionally, it is also not confirmed whether the production will be confined to assembly or include some component production in the country.