The iPhone X may prove even more successful than previously thought, and this is likely to have an impact on the iPhone 8 and iPhone 8 Plus, claims KGI Securities analyst Ming-Chi Kuo.
In a note issued to clients over the weekend, Kuo said that Apple is likely to sell between 22 and 24 million iPhone X handsets over the holiday quarter, with production during the same period likely to be in the region of 25 to 27 million units.
What increased demand means for the iPhone 8, however, is that production is likely to decline by 50 to 60 percent, compared to the holiday quarter. This is due to demand being “lower than expected.”
