The sales performances for Apple's new iPhone X don't appear to be living up to expectations, with iPhone X's with different memories and colors all falling significantly below the official asking price just three days after going on sale in China, reports The Beijing News.

On November 5, prices demanded by a distributor of the silver edition of the iPhone X with 64GB and 256GB memories were 8,150 yuan (1,228 U.S. dollars) and 9,650 yuan (1,454 U.S. dollars), down nearly 1,500 yuan (226 U.S. dollars) than scalpers had been demanding on the day of the launch. The prices are also lower than what Apple has listed on the official website.

According to earlier reports, the iPhone X has a limited stock of just 270,000 handsets on the Chinese mainland. Sufficient supplies, the unprecedented high prices and consumers' increasingly rational shopping habits are being cited by scalpers as the main reason, reports The Beijing News.

The iPhone 8/8 plus, which was launched on the same day, September 13 along with iPhone X, are also reportedly not selling well. Since September 22, sales volumes of the iPhone 8/8 plus have only accounted for 16% of the total in the third quarter.

Apart from reports of swollen batteries, an IT analyst in the Beijing News report is attributing the poor sales of the iPhone 8/8 plus' to the lackluster response from users, who say the new phones contain little in the way of innovation.

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