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Trading  | September 23, 2017

Confirming reports that reception for Apple’s newly launched iPhone 8 may be “underwhelming” to put it lightly, as the phone provides little if any material improvement over its lower-priced predecessor even as sales for hardcore fans will be cannibalized by the iPhone X, is the following report from Hangzhou, China which shows that all of 2 people were waiting in line for the latest gizmo from Tim Cook.

As Chinese media reports, summarized by David Kersten, “note the barricades for the anticipated queue…

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… that had to be put away because only 2 people showed up.”

Some more details:

I’ve C&P’d this article, clumsily translated by Google, because, being from a Chinese site, it doesn’t adapt well to the Facebook environment, however, the link is provided as are the pictures.

 

“Embarrassing! IPhone 8 today, Hangzhou, security guards are busy removing the fence.

 

 

September 22, the Bank of China iPhone 8 officially opened in the major channels. Hangzhou Apple West Lake shop, more than six in the morning to thirty or forty security. Black fence posture full of a row of rows, turn a few 90 degrees bend. 8:00 to open the door, the door on the two line up. 8:43 security guards began to withdraw fence …

 

 

According to Hong Kong media, and the mainland, Hong Kong, Apple shop customers have no more employees.”

 

With the iPhone 8 a dud, at least in China, AAPL longs are hoping that the reception for the iPhone X in a few weeks will be notably more enthusiastic, or else Apple may have a major problem on its hands.


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