Apple's Asian market shares plummeted on Tuesday after a Taiwanese newspaper report

A Taiwanese newspaper report suggested that Apple's sale for the iPhone X could fall down for the first quarter of 2018.

According to Reuters, Apple's share in the Asian market plummeted on Tuesday, Dec. 26 after a report by Taiwan's Economic Daily, which suggested that demands for the iPhone X will be lower than expected for the first quarter of 2018.

Unidentified sources of the Taiwanese newspaper "Economic Daily" claimed on Monday, Dec. 25, that Apple's sales forecast for their flagship device the iPhone X will be cut short to 30 million units as opposed to the 50 million units the Cupertino-based company has initially planned.

Apple has refused to comment on the matter and is yet to issue a statement.

Meanwhile, Apple's iPhone X and 8 devices have not yet managed to beat the number of sales the iPhone 6 has produced in 2014. As previously reported, Consumer Intelligence Research Partners (CIRP) has surveyed a number of Apple iPhone buyers starting November, when the iPhone X was released, until Sunday, Dec. 3.

CIRP has found out that the combined sales figure of the iPhone 8/8 Plus/X only has accounted for 69 percent of Apple's sales in the U.S. alone. To compare, the iPhone 6/6 Plus managed to account for 91 percent of the company's total sale when it was released in September 2014.

This was not the only time that Apple's sale's figure has swindled in the U.S. According to a graph released by CIRP, Apple's uptake of newer iPhone models dropped down to 71 percent in 2015 when the iPhone 6s/6s Plus was released.

Apple's uptake for newer iPhone models rose to 73 percent in 2016 when the iPhone 7/7 Plus was released. Then, the company's uptake for newer iPhone models was at its lowest when the iPhone 8/8 Plus/X was released, totaling to 69 percent this year.

However, Apple may see an increase of sale for the iPhone 8/8 Plus/X in China in 2018 as the company is expected to pour 30-50 million more units in the region.

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