Top Apple analyst is worried about the iPhone X

Top Apple analyst is worried about the iPhone X

Remember, the previous call made before Apple's unveiling last week was for 45 million to 50 million iPhone X handsets to be shipped.

According to KGI Securities analyst Ming Chi Kuo, one of the most accurate and reliable voices on all things Apple, a later-than-anticipated pre-order date for the iPhone X could hint Apple is struggling to produce enough handsets to justify selling the products online, with the delayed pre-order date making it likely that customers who are late to reserve their devices could face long delays, possibly stretching into early 2018 as production work to meet the high demand.

Although Apple is launching the new bezel-less, OLED-equipped iPhone X on November 3, with pre-orders commencing on October 27, the company is unlikely to meet the demand for the device until next year, making it extremely difficult for potential buyers to get their hands on the phone initially, according to a reliable Apple analyst.

"We believe the fullscreen design and facial recognition features will drive replacement demand for the iPhone X", Kuo explains. "We revise down our forecast for 2017F iPhone X shipments from 45-50 million to around 40 million units, but we therefore revise up our 2018 iPhone X shipment estimate to 80-90 million units", Kuo said.

The late arrival of the iPhone X could also push the sales of the iPhone 8 and the iPhone 8 Plus in the meantime. Apple earlier last month, as part of its Q3 2017 results, predicted that it may generate $49-52 billion revenue, which includes the spike received from iPhone sales.

iPhone 8 and iPhone 8 Plus pre-orders began at 12:01 a.m. Pacific Time on Friday, September 15.

The iPhone X will be available in two variants - one with 64GB and another with 256GB.