Reports of bad iPhone 8 sales have been greatly exaggerated, analyst claims

Are Apple's iPhone 8 and iPhone 8 Plus selling poorly? It depends how you look at it. 

According to often-accurate Apple analyst Ming-Chi Kuo, via MacRumors, iPhone 8 and 8 Plus sales are less than stellar simply because a lot of potential buyers are holding out for the iPhone X. 

SEE ALSO: Report claims iPhone X production hasn't even started yet

Kuo is essentially agreeing with other assessments that iPhone 8 and 8 Plus sales are weak compared to earlier models, but he thinks the market is "excessively negative" about the whole thing.

According to Kuo, the iPhone 8 and 8 Plus sales have been roughly half of the sales of the iPhone 7 and 7 Plus, or even 6S and 6S Plus. But that's alright, because Apple is counting on half of its sales coming from the iPhone X — and that device won't become available until Nov. 3.  Read more...

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