Apple’s latest flagship iPhone X will be in limited supply when it releases in November 3rd, with only 2-3 million inventories shipping from warehouses prior to release date, the notoriously prominent analyst Ming-Chi Kuo of the KGI Securities claims in a market research note on Thursday, October 19.
The iPhone X, the most futuristic, cutting-edge and premium Apple smartphone at $999, will get underway for preorder on October 27th and will be available in the global marketplaces on the following week, November 3rd in more than 55 countries and territories.
The last one the Cuertino tech giant announced preorder figures for its most advanced handset, way back in 2014 with the release of iPhone 6 and 6 Plus, Apple claimed it saw a total of 4 million pre-orders in the first 24 hours — so the iPhone X will be very hard to score at release day.
But the industry analyst, who is linked with the Cupertino’s Asian supply chain, claims that the worst mass-production issues will be addressed sooner. Nevertheless, KGI Securities — a wholly-owned subsidiary of China Development Financial (CDF) — pluck its prediction for fourth quarter shipments even further, to only 25-30 million stocks.
Kuo’s note, spotted by The Velvetiere, also goes into a number of information regarding the cause of mass-production delays. The analyst associates it mostly to a scarcity of three different components with the mass-production of certain modules being the biggest hiccup.
The analyst also claim that a supply chain of the Apple’s iPhone X antenna circuit board, hasn’t been able to produce the component and has been hugely replaced by an another supplier, Taiwan’s Career Tech.
He also pinpoints the wide-angle camera module on the dual-lens shooter on the back of iPhone X that also is seeing a supply shortfall.
“We believe the previous design issues of the dot projector sometimes being unable to recognize human faces has been resolved after active alignments or environmental tests were addressed,” Kuo said.
For Apple loyalists who eagerly want to have iPhone X on their hands as soon as it comes out in the wild, you’re either going to need to get pretty speedy during the kick off of the pre-order or queue at their nearby brick-and-mortar Apple Store to secure an iPhone X first day.
But for shareholders and investors, this may simply apply the “super cycle” upsurge of iPhone sales figure one quarter later.
For an instance, the United Kingdom’s and Philippines’ largest wireless carriers iterated that they didn’t know how many iPhone X stocks it would have during the release.
Kuo claims that the shipments of iPhone X could see 50 percent quarter-over-quarter increase starting in the first quarter of 2018.
He added that “any share corrections on revised-down [fourth-quarter] results should be regarded as a good entry point,” most especially for Apple’s chain suppliers.
Apple is anticipated to report its quarterly earnings on November 2, so may be it will give some revelations into iPhone X pre-order quantities and supply then.