Yup, it appears that on November 3rd, there will only be a limited number of units made available for Apple’s highly awaited flagship device, the iPhone X, at least according to analyst Ming-Chi Kuo of KGI Securities. Kuo has projected that when the handset officially launches in about a couple of weeks, there will only be around 2 to 3 million units.
Although the iPhone X is slated for wide release on November 3rd, prospective buyers can already preorder the device on October 27th at a price of $999 (which makes this particular model the most pricey iPhone ever). Exactly a week later, the device will launch in more than 50 countries across the globe.
To put the initial availability of 2 to 3 million iPhone X units in proper perspective, note that about three years ago when Apple launched its iPhone 6 models, the tech giant managed to register 4 million preordered units in the first day alone (the first 24 hours, to be exact). So, yeah -- purchasing an iPhone X on November 3 may be a bit challenging, to say the least.
In his report, Kuo seems positive that Apple’s production issues will not last for long. But despite the analyst’s somewhat optimistic outlook, KGI Securities still adjusted its projections for the volume of iPhone X shipments for the final quarter of the year from 30 to 35 million units to 25 to 30 million units.
Less than a month ago, it was reported that Apple, or more accurately, its manufacturing partners, were not building iPhone X devices fast enough. Sure, the iPhone X has certainly more demanding specs as compared to this year’s two other new iPhone models, the iPhone 8 and the iPhone 8 Plus, so building each unit may take a longer time. But it is possible that the production issues may have more to do with how the 3D sensors are being produced. As you may have already heard, the iPhone X has this really cool new feature called Face ID (which scans a user’s face for purposes of identity verification), and as it turns out, the 3D sensors used for that feature are a bit trickier to make.
2017 happens to mark the tenth anniversary of the iPhone’s existence, but this year is turning out to be a very interesting one for Apple for some rather unexpected reasons. Just this week, there were reports that the iPhone 8 models could face production cuts starting next month and even until winter. If this turns out to be true, then it would mark the soonest that Apple has ever decided to cut production for a new iPhone offering. Note that the iPhone 8 models have only been released in the market for less than a month.
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