Apple's recently launched iPhone X has received more demands which exceeds available stock. So strong was the demand for the $1000 device that it took only 10 minutes for Apple lovers to exhausts millions of the iPhone X device that were in store. Those who later ordered for the device were told to wait between 4 - 6 weeks to receive the device.Ever since the launch of the device, Apple has been working hard to increase production and shorten the delivery time. However, iPhone X lovers would be happy with the latest update.
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According to KGI's Ming-Chi Kuo new investor note, shipments of the iPhone X units per day have increased lying between 440,000 to 550,000. The increase is huge from the 50,00 to 100,000 units that were shipped per day within the last months.
Kuo went on to explain in the note that the increased production in the iPhone devices wasn't due to low demands as suggested by many, but due to improved production and high demands.
Kuo says that Q4 2017 shipments could be "10 - 20 percent higher than previously estimated." This means that the increased production of the device would cover up orders in Q4 2017, orders that were meant to be fulfilled in Q1 2018.
Due to the sudden change in production, Kuo expects "flat/slightly lower" iPhone X shipments in Q1 2018 compared to Q4 2017.
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