The Apple iPhone X is the premium smartphone from the company that is packed with topnotch features. Its pre-orders will start on 27th October and it will be shipping on 3rd November in the U.S. and India. Fresh information shared by KGI Securities analyst Ming-Chi Kuo states that since the iPhone X will be releasing in the market in Q4, Apple will be selling lesser units of the smartphone than expected.
In August, Kuo had predicted that Apple would be shipping 2 to 4 million units of the iPhone X in Q3 and around 45 million to 50 million units before the end of 2017. He has now revised his prediction as Apple iPhone X pre-orders will be starting at the end of October and it will be releasing in the market in November. This means that there will be no sales of iPhone X in the third quarter.
The analyst now claims that Apple would be shipping 40 million iPhone X units before the end of this year. He is also of the view that the iPhone 8 shipments won’t pick up pace in the first half of next year. He added that Apple is producing less than 10,000 units of iPhone X per day.
This indicates that it wouldn’t be easy to purchase an iPhone X during the year-end holiday season. Customers may be able to pre-order it, but there is a possibility that the shipments may get delayed to early next year.
The Cupertino company has itself predicted that it will be generating $49 billion to $52 billion in revenue for its fiscal Q4 that ends in September. This suggests that Apple is aiming to make a lot of revenue by selling iPhone 8 and iPhone 8 Plus this year.
According to Kuo, the probable reason for delaying the pre-orders of iPhone X is that the company does not want to cannibalize the sales of iPhone 8 and 8 Plus. Initial reports reveal that both the phones have received a good start and some of the carriers are already experiencing shipping delays.
Before the launch of iPhone X, Kuo had predicted that the gold variant of the iPhone X would encounter production problem because of which he said that it will be available in “extremely low volume” or it may be introduced some time later. However, Apple had unveiled the iPhone X only in Silver and Space Gray color choices. Kuo has now claimed that the lack of iPhone X in gold at its launch indicates the productions issues that the company is facing. He has also added that the edge-to-edge OLED display and Face ID system that is packed with various sensor are impacting the production of the premium iPhone.
The 64 GB and 256 GB iPhone X would be respectively selling for $999 and $1,149 in the U.S. In India, these models are respectively priced at Rs. 89,000 and Rs. 102,000.