Regardless, it's a risky move from Apple, as some of its biggest competitors are gearing up to launch 5G devices next year, including Huawei, OnePlus and Samsung, the latter of which is expected to launch a 5G version of the Galaxy S10 in February.
According to the publication, Apple has been developing a new LCD iPhone for several months and a switch would likely prove too costly.
Apple cuts Q1 iPhone production by 10%
He said the iPhone XR has, in fact, been the most popular iPhone "every single day" since it started shipping out to customers. Winslow Evans & Crocker Inc.'s holdings in Apple were worth $9,244,000 at the end of the most recent quarter.
There will also be replacements for the existing iPhone XS and, even though it hasn't sold as well as hoped, the LCD screen touting iPhone XR. "Beefing up functional value, like expanding camera features, isn't attractive because everyone else is doing the exact same thing". Earlier this week we saw the first alleged renders of the upcoming iPhone 11 and today there's a fresh report about it.
However, it looks set to keep an LCD model in its iPhone lineup for now, with the WSJ noting that Apple's project planning has progressed to a point where major features, like the display, can not be easily changed.
The company has had a troubling 2018 because of the dwindling iPhone sales in China and other markets.
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All of which is very nice, but Apple is facing a changing world where people are less likely to want to upgrade their phones every year. Reports for the company's problems with the iPhone XR continue to surface, fuelled by analysts decreasing shipment estimates for the smartphone.
China's "economy began to slow there for the second half", Tim Cook said. And the word on the street is that the Cupertino, California based company is planning to launch three new iPhone models this year.
Apple discourages retailers from discounting iPhones and such reductions are rare so soon after their release, with the lower prices coming just four months after the models were unveiled.
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According to WSJ, Apple may also remove 3D Touch from its entire iPhone lineup in 2019.