If you’re looking to purchase an iPhone X this year, you might be in luck. Since the Nov. 3 launch, iPhone X shipping estimates have been steadily improving.
Case in point: as of this past weekend, shipping estimates for Apple’s new flagship devices are now down to just one to two weeks across the globe, including in the U.S., many parts of Europe and Asia, New Zealand and Australia.
One to two weeks is a big improvement over the two- to three-week estimate recorded on Nov. 15. In the U.S., buyers can expect their iPhone X devices to arrive between Dec. 11 and 18 if purchased in the next few days — and supplies of the handset will probably show up at brick-and-mortar retail stores, too. That largely means that you’ll probably still have time to nab an iPhone X this holiday season.
Why Estimates Are Improving
There’s also the question of why iPhone X shipping estimates are improving a bit earlier than expected — especially considering the plethora of reports suggesting that the device would be in extremely short supply this year.
According to renowned analyst Ming-Chi Kuo of KGI Securities, it’s not because of weak or lackluster demand for the iPhone X. In a research note recently distributed to clients, Kuo said that the bottlenecks and issues plaguing the device’s production have “been well addressed.”
Kuo added that Foxconn’s iPhone X production is now clocked at 450,000 to 550,000 units per day. That’s a big jump from the previous estimate of 50,000 to 150,000 a day when Apple was gearing up to officially launch the flagship.
Apple has been able to ramp up its iPhone X production due to resolving two of its primary bottlenecks, according to Kuo. Specifically, the company and its supply partners seem to have addressed issues with yield rates for the iPhone X’s LTE antennas and certain components for its new, advanced TrueDepth cameras.
As further evidence of those issues being resolved, DigiTimes reported on Monday that another Apple supplier, Genius Electronic Optical, is improving its own production yields for lens modules that are critical for the iPhone X’s front-facing camera and its TrueDepth 3D sensing system.
iPhone X Demand
In short, much of the evidence points toward better production yields, rather than low demand. Apple CEO Tim Cook himself said that the company would work to get iPhone X units out to customers “as soon as possible.”
Because of this improved production, Kuo forecasts that iPhone X shipments in the fourth quarter could be as much as 10 to 20 percent higher than he originally predicted. As a result, Kuo also estimates that iPhone X shipments in the first quarter of next year will be flat or even slightly lower compared to the current quarter.
Apple’s own financial guidance for 2017’s fourth quarters suggests record performance, and the company has stated that demand for the iPhone X is “off the charts.” Indeed, the iPhone X could be the device that pushes Apple toward a $250 stock price — and past its $1 trillion valuation milestone.
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