The iPhone X is Apple’s biggest handset refresh since 2014’s iPhone 6 and iPhone 6 Plus, and respected KGI Securities analyst Ming-Chi Kuo thinks that its highly anticipated status is set to make it a giant hit.
In a new note to investors, Kuo suggests that iPhone X preorders could exceed 40 million, and may even hit 50 million. If true, this would be a massive achievement for Apple, particularly given the high price of the handset, which some predicted would be a major strike against it.