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Apple is taking hits from all sides these days over the disclosure that the company slowed down its older model iPhones to reportedly conserve battery life. The iPhone X Plus will have a massive battery that will range in capacity between 3,300 to 3,400 mAh, while the third iPhone will feature a 2,950 mAh capacity battery. Investors have been counting on the iPhone X to be a huge hit, despite its unprecedented starting price of $1,000.

Critics have accused Apple of nudging iPhone users to upgrade to newer models by letting them think it was the handsets that needed replacing, rather than just the battery.

Wall Street is expecting the company to report adjusted earnings of $US3.83 per share on revenue of $US87.132 billion.

However, he hasn't completely quashed the idea of an iPhone SE 2 launch in 2018.

Is Apple going to launch iPhone SE 2?

If the production cut of the iPhone X is indeed taking place, it is because Apple wants to focus on the upcoming iPhone family, which will comprise up of the iPhone X successor and the 6.5-inch iPhone X Plus.

For comparison, Apple shipped 29 million iPhone X units in the fourth quarter of 2017, found out by Singapore-based market research firm Canalys. The current iPhone SE sells for $349, which is half the cost of an iPhone 8. Apple hasn't said anything publicly about its iPhone X sales.

Recently, Kuo revealed a few key details about the upcoming 2018 iPhone lineup.

iPhone X sales and production may be tapering off now, but what's still uncertain is how these forces will continue to affect Apple's financial position.

According to the latest data from Kantar, iOS marketshare surged 10.1 percent year over year in China in the three months ending in December. This may corroborate a recent from DigiTimes that claims Apple has chose to replace the 5.8-inch OLED iPhone model with an LCD version leaving just the larger 6.4-6.5-inch model with an OLED display.