The Tame Apple Press has been trying to encourage the fanboys to pay more than $1,000 for the 10th anniversary iPhone, which opens for pre-orders on October 27 and begins shipping from November 3.

Apple shares fell last week after reports of iPhone X production delays and weak sales of iPhone 8 models.

Bernstein, citing a survey of 1,112 iPhone owners in the United States, UK and China said most of the iPhone X is hype which is “magnitudes higher than actual purchase intent”.

Nearly 48 percent of respondents agreed/strongly agreed that they were excited about the iPhone X…. however less than a quarter said they would put their money where their mouth is and actually buy the thing.

“Consumer loyalty to iPhone remains remarkably strong, despite persistent complaints about high prices and worries about declining innovation, with only three percent of respondents stating that their next phone would *not* be an iPhone”, Bernstein said.

Which seems to confirm what we have been saying for sometime – Apple users are either stupid or cannot face the fact that they might be wrong. However if Apple fanboys are not buying the iPhone 8 and probably will not buy an iPhone X it means that they will either be looking at an iPhone 7 or waiting until next year.

Apple launched iPhone 8 and 8 Plus last month amid muted reception as fans awaited the iPhone X, and a survey by broker KeyBanc Capital Markets had pointed out that older iPhone 7 models outsold iPhone 8.