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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Steve Wozniak Says He Won’t Buy the iPhone X on Day One: ‘I’d Rather Wait and Watch That One’

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Jennifer Calfas
Jennifer Calfas
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By
Jennifer Calfas
Jennifer Calfas
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October 24, 2017, 8:05 AM ET

You won’t find Steve Wozniak in line to get the new iPhone X.

The Apple co-founder told CNBC on Monday that he won’t get the latest edition—something he had done for previous iterations.

“I’d rather wait and watch that one,” Wozniak told CNBC at the Money 20/20 conference in Las Vegas. “I’m happy with my iPhone 8—which is the same as the iPhone 7, which is the same as the iPhone 6, to me.”

“For some reason, the iPhone X is going to be the first iPhone I didn’t—on day one—upgrade to,” he continued. “But my wife will, so I’ll be close enough to see it.”

Announced in a highly anticipated Apple event last month, the iPhone X will be available through pre-orders on Oct. 27 and in stores on Nov. 3. The latest iteration of the iPhone has a larger screen, powerful processor and facial recognition software—a feature “Woz” told CNBC he was unsure would work properly. Aside form technical differences between the iPhone X and the iPhone 8, which debuted at the same event, the iPhone X boasts a higher price tag. It will cost $999 for the 64GB, and $1,149 for the 256GB.

Wozniak, who founded Apple (AAPL) with Steve Jobs in the 1970s, seems to reflect a larger attitude about the new iPhone. In a survey from brokerage Bernstein detailed by Reuters, about a quarter of respondents said they planned to buy the iPhone X despite 48% saying they were “excited” for it.

And with the release of the iPhone X coming just weeks after the iPhone 8 and iPhone 8 Plus, analysts have said sales for the latter may suffer as a result. At T-Mobile, fewer customers upgraded their phones during the third quarter this year while the iPhone 8 was available.

“Device sales and upgrade rates were impacted by the split and shift in iPhone launch timing,” T-Mobile said in a statement. “We believe these will likely increase once customers have a full choice of devices.”

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