What could have been a promising iPhone turned out to have a lower demand this year. Apple shares went down as demands for its latest iPhone did not meet their expectation, and shares dropped to almost three percent come Thursday, Oct. 19, creating a fuss among stock brokers, traders, phone suppliers and analysts.

Stock brokers and traders are pinning the downfall to the upcoming iPhone X as it will be launched quite very closely to date when iPhone 8 was released. This denotes that fans who are planning to upgrade to a newer iPhone would rather wait for iPhone X than spend money on iPhone 8. Despite Apple no longer giving updates on sales, supply chains have reported that being the now cheaper phone, iPhone 7 is outselling iPhone 8 which can also be the cause for lower iPhone 8 sales compared to its preceding phones.

The specs of the two iPhones also vary and are being put into consideration by its consumers, and this can be very crucial to the performance of the latest iPhone in the market. For one, the screen of iPhone 8 is a 4.7-inch HD LCD-backlit widescreen while iPhone X has 5.8-inch OLED Super Retina HD display. Users are saying goodbye to fingerprint sensors too as iPhone X will be the first mobile phone to have FACE ID, and as for the battery, iPhone 8 has 1,821 mAh while iPhone X has 2,716 mAh of battery life — both are powered by wireless charging.

iPhone X might be more expensive than iPhones 8 and 8 plus. Nonetheless, most of the users still prefer to wait for the arrival of "the future of the iPhone" as put by the Apple's marketing department.

Apple's iPhone 8 was just released on Sept. 22, while shipping for iPhone X, currently tagged as the killer of iPhone 8, will start on Nov. 3.