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Why You Might Not Get Apple's New iPhone X This Holiday Season
22 October 2017, 12:35 | Deanna Wagner
The iPhone X-pronounced iPhone 10-will be Apple's most expensive ever iPhone, with the entry model costing $999.
KGI Securities analyst Ming-Chi Kuo wrote in a note to investors on Friday (Oct. 20) that Apple will only have between 2 million and 3 million iPhone X units available in time for the smartphone's November 3 launch.
That is a 6.3% loss from previous year.
Once the iPhone X comes out in the market there will surely be a massive surge in sales which will once more prove that Apple is the best high tech firm in the world. "For example, most of the people that we speak to in the USA, and a common theme during our China Tech Tour, is that consumers are waiting on the iPhone X. Moreover, we believe the iPhone 7/7 Plus is benefitting from incremental demand as consumers can take advantage of the recent price cuts in light of the iPhone 8/8 Plus introduction", White contends, confident as ever ahead of the titan's iPhone X cycle. He attributes it mainly to a shortage of three different components with the production of certain circuit boards being the biggest hurdle. Based on the latest reports, Apple will build upon its changes with the new models it introduces in 2018...
Earlier, the TrueDepth camera was indicated as the source of the troubles, but analyst firm KGI reports this issue has been solved (it was the dot projector that caused headaches).
While iPhone X sales will be way up there in the stratosphere, the sales of the iPhone 8 will be pretty dismal. The iPhone X will come out next month, while the HomePod and iMac Pro are set for December.
The iPhone X also features a new kind of OLED display and Apple claims it has two hours of extra battery life compared to the iPhone 7. In fact Apple is more used to the opposite: queues around the block and such high demand that Apple regularly says its massive sales figures are impacted simply because it can not build enough. "We would be aggressive buyers of the stock with the iPhone X cycle kicking off next Friday with pre-orders".
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