A credible Apple Source according to the Forbes article has stated that they will cancel the production of their most recent release the iPhone X. Though the iPhone X is performing at a market growth of 5%, even going against the expected 5-10% decrease in market growth. This sudden change is mostly due to lack of interest in the Chinese market. “In China big screens are king and the iPhone X’s polarising ‘notch’ is seen by Chinese consumers as removing too much usable space’. The Chinese market actually has shown a preference in the cheaper iPhone 8 Plus, mostly because of it’s size.
Apple plans to release 3 new versions inspired by the iPhone X: “a second generation 5.8-inch iPhone X, 6.5-inch iPhone X Plus and a “$650-750” 6.1-inch iPhone SE replacement which will be fitted with Face ID”. Apple is hoping that the bigger screens will do well in the Chinese market. The release of these phones is expected to be sometime in 2019.
Source:
https://www.forbes.com/sites/gordonkelly/2018/01/21/apple-iphone-x-buy-sales-specs-new-iphone-release-date/#7e628f7010cb