November 15, 2024

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(Reuters) – Apple Inc plans to launch three iPhone models this year with some new camera features, including three rear cameras for the most expensive model and two for the other models, the Wall Street Journal reported on Friday.

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The new iPhones will succeed the XR model that has shown sluggish demand, which according to Apple was due to weak sales in China.

That led several electronics retailers in the world’s second largest economy to slash iPhone prices this week.

Apple was not available for comment outside regular business hours.

The Cupertino, California-based company has decided to stick to liquid-crystal display (LCD) at a time when sluggish sales of iPhone XR cut into its most recent revenue projection, the report said, citing people familiar with the matter.

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