Apple to Stop its iPhone X production.

Finally the popular apple iPhone X is Going to stop its production.

The relative unpopularity of the iPhone X largely boils down to its $999 price tag.

These are the possible reasons for its downfall

The iPhone X is Apple's first phone with an OLED display, and the high price tag of the handset is largely resultant of the high cost of OLED panels, which are made solely by Samsung Electronics.

Moreover, Apple failed to deliver any significant groundbreaking technologies despite the hefty price.

The planned cut in the production target for the iPhone X is expected to have a domino effect on manufacturers and suppliers which supply high-end components for Apple's flagship smartphone.It is estimated that the loss in revenue for these manufacturers will be in billions just in the three month period from January to March.

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