KGI: iPhone 8 demand lower than expected, but iPhone X going strong

Often reliable analyst Ming-Chi Kuo from KGI has released another note to investors today, attempting to predict the performance of Apple’s new smartphone trio during the key holiday quarter and at the start of 2018.

Kuo estimates that the iPhone X will sell between 22 and 24 million units in the last quarter of the year and will maintain its strong performance in the early months of 2018. The flagship’s production is expected to grow 35% to 45% over the next quarter as supply shortages finally ease off. Meanwhile, people will allegedly come to realize that their concerns about the major…


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