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Forbes reports that according to KGI Securities analyst Ming-Chi Kuo, Apple is set to miss its 2017 “super cycle” due to extremely low iPhone X stock. Kuo reiterates that, as has been widely reported, mass-production of the TrueDepth camera sensor has proved to be the most problematic element of the entire process, leading to the expected stock shortages.
Due to these delays, Kuo says that Apple’s sales of its 2017 iPhones (iPhone 8 and iPhone 8 Plus and iPhone X) will not be a record-breaking "super cycle." Initially it was thought that due to the radical redesign of the iPhone X, strong demand would lead to iPhone sales records being smashed by Apple this year. This is now very unlikely to happen.
On a more positive note, Kuo says that iPhone X production issues should be “significantly addressed” in the first 3 months of 2018, when he expects shipments to “pick up strongly.” Thanks to this expected upturn, and predicted strong sales of the 2018 iPhone range, Kuo says that total iPhone sales in 2018 will engender a super cycle of 245 million to 255 million units.
Source: Apple's New iPhone X Has A Nasty Surprise
