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Only 3 million iPhone X handsets ready for launch: KGI Securities

Analyst says Apple will struggle to meet customer demands on 3 November

Only 3 million iPhone X handsets ready for launch: KGI Securities
There is reportedly a supply shortage due to three key components.

Apple's iPhone X is set to officially go on sale on 3 November but a report claims that due to production issues only 3 million, at the most, will be available.

Renowned KGI Securities analyst Ming-Chi Kuo has revealed that there has been a supply shortage for three key components, with the biggest hurdle contributing to the circuit board. He claims that one of Apple's suppliers, Murata, has not been able to make the circuit board to Apple's specifications, and the company has now switched to another supplier.

The other two issues stalling production is the wide angle camera and the depth-sensing Infrared dot projector.

Related: Apple's iPhone X will cost AED 4099 in the UAE

Typically Apple sells more than ten million units at the launch of a new iPhone, however with only 3 million available for the iPhone X it is highly likely Apple will struggle to meet customer demand.

Kuo continued to suggest that Apple will most likely solve the issues by November, in time for the holiday season shopping. However as pre-orders begin this week, Apple enthusiasts will either be able to secure the iPhone X or will have to queue at Apple retail stores on 3 November.

Furthermore, KGI Securities has also forecasted a drop in shipments in the fourth quarter of this year, predicting 30-35 million to 25-30 million units, but foresees a 50% increase in Q1 2018.

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