Friday, 17 November, 2017

IPhone X units might not be sufficient for first weekend sales

Apple iOS 11 iPhone 8 Sales Anemic So Far, Mobile Carrier Says
Velma Reese | 21 October, 2017, 22:08

The first batch of shipments coming out of Foxconn's factory was allegedly a mere 46,500 units, although the contract manufacturer had started to make progress with its production rate.

However, the situation is likely to improve in November, Nikkei Asian Review reported. If you're a member of the iPhone Upgrade Program, you might have a chance to streamline the ordering process when preorders begin.

KGI Securities analyst Ming-Chi Kuo is out with a research note (via 9to5Mac), that estimates there could be a paltry 2 million to 3 million iPhone X units shipped ahead of the November 3 launch.

KGI Securities revealed that Apple is using the flexible printed circuit board for the antenna in iPhone X. The company is facing issues in finding suppliers to provide these unique circuit boards at large scale. In other words, if you didn't get your last iPhone through Apple's upgrade program, you're likely going to have to wait until October 27 to begin entering iPhone X preorder info just like the rest of us. Each camera now requires a separate PCB, which is creating manufacturing challenges. As far as typical iPhone launches are concerned, that's a paltry amount to say the least.

Jeff Williams is scheduled to meet Foxconn Chairman Terry Gou during his visit to Taiwan later this month to discuss issues affecting the production of the "super premium" iPhone X, reports said on Saturday.

Plancorp LLC cut its stake in Apple Inc.

Minor girl allegedly molested, case registered
However, enraged at being rebuked by her, Shaikh came out of the auto rickshaw and thrashed her repeatedly, he said. A minor girl filed a complaint for assault with the Nehru Nagar Police station after she was beaten up in public.

The iPhone X also features a new kind of OLED display and Apple claims it has two hours of extra battery life compared to the iPhone 7.

Preorders for previous iPhones have typically been higher than this, with the iPhone 6 and iPhone 6 Plus garnering more than 4 million preorders in its first 24 hours.

Data sources: Apple and KGI Securities.

This may not seem like a big deal, but it's actually fairly helpful for iPhone Upgrade Program users who hope to get their iPhone X as soon as possible, as customers who choose to pre-order through their carriers or without a contract already have fewer steps during checkout.

It's gonna be interesting to listen to Tim Cook's remarks on these supply chain difficulties whenever Apple inc broadcasts their quarterly revenue over a couple of weeks. How Apple fares over the holiday shopping season will predominantly be a function of supply, and it's not looking good right now. Institutional investors own 60.33% of the company's stock. Apple presently has a consensus rating of "Buy" and an average target price of $190.67. That's right - they think these 10 stocks are even better buys.

Shares of Apple Inc. The Motley Fool has the following options: long January 2020 $150 calls on Apple and short January 2020 $155 calls on Apple. The Motley Fool owns shares of and recommends Apple.

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