While some sources talk of lowered component orders, KGI analyst Ming-Chi Kuo stated that Apple iPhone X preorder could reach over 40-50 million units.
According to the analyst, the iPhone X is considered the first major model refresh since 2014 when Apple launched the iPhone 6. Apple fans are willing to upgrade from older devices and pay the $999 price tag mainly because of the Face ID feature. Kuo shared in a note to clients:
“TrueDepth camera (3D sensing) creates a far stronger user experience than those of Apple’s rivals.”
The analyst shared concerns that Apple needs to…