The maximum retail price (MRP) of the 256GB version of iPhone X has been raised by Rs 3,210 to Rs 1,08,930.
Apple sold a record 22.39 mn smartphones in the US in the holiday season last year, increasing its mkt share from 37 pc to 44 pc, the highest ever for Apple on home turf.
Japan’s Murata Manufacturing Co, which supplies components for the iPhone X, has not seen its orders drop commensurately with the sharp fall in the iPhone X production.
Slower-than-expected sales have forced Apple to slash iPhone X production by half for the January-March period -- to 20 million units from the earlier planned.
Apple Inc has notified suppliers that it will halve its iPhone X production target for the first quarter to around 20 mn units, Nikkei reported without citing a source.
The upcoming Apple iOS 11.3 update will offer features such as giving users power to control their batteries, Augmented Reality (AR) upgrade and Animoji.
"Another notable highlight for the iPhone X is that of the 29 million shipped, seven million were in China," Canalys said.
Apple has updated its cumbersome App Store web interface similar to the user-friendly iOS 11 App Store.
Huawei's sub-brand Honor said the company is set to launch a smartphone with glass body and four-camera system in India later this month.
European shares drifted lower in early deals with company news and macro events scarce in holiday-thinned trading, while Britain’s FTSE 100 hovered under a record high.
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AVIATION IN FOCUS
Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY
Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM
Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM
IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM
SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM
Air India Jan Market Share At 13.3% vs 13.1% MoM
Jet Airways Jan Market Share At 14.3% vs 14.6% MoM
IndiGo Jan Market Share At 39.7% vs 39.4% MoM
SpiceJet Jan Market Share At 12.6% vs 12.7% MoM