In a note to clients — as noted by AppleInsider — KGI Securities analyst Ming-Chi Kuo says that production problems with the iPhone X are over, and about 26 million units of the smartphone should ship in the holiday quarter.
The analyst also says that, given the demand for the iPhone 8 Plus being greater than that of the iPhone 8, production of the smaller smartphone is expected to fall between 50% and 60% in the holiday quarter. Kuo believes that the iPhone 8 Plus is “cannibalizing demand” for the iPhone 8, and some of Apple’s manufacturing partners will switch production lines from the iPhone 8 to the iPhone X to work out supply and demand balance issues.
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