On Thursday, shares of Apple declined by nearly 3 percent. This indicates towards the weaker demand for iPhone 8, which was released the last month, and which has led to the analysts as well as investors to question the strategy devised by Apple concerning the release and distribution of its latest iPhones.

Different carriers within Canada as well as USA have stated that there was slower customer upgrade recorded in the third quarter. On the other hand, some have predicted that the sales will go up when iPhone X is made available in the market in November. However, one view in this regard was that the higher price for iPhone X will also lead to the situation remain the same.

Currently, the new iPhone 8 and 8 Plus are available in the market. iPhone X will make its way on 3^rd November. The higher price might also not affect the situation, and investors are worried that the 3% decline might further go down in the end of this year.