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iPhone X

Final Production of the iPhone X Won't Reportedly Start Until Mid-October

September 20, 2017

According to a new analyst report, obtained by Barron’s, final production of the iPhone X hasn’t even begun and will kick off in mid-October. That’s just weeks before preorders begin on Friday, Oct. 27.

Here’s more from the note from Raymond James chip analyst Christopher Caso:

Interestingly, while the industry widely anticipated a shift in iPhone ramp timing, our checks suggest there was an incremental delay in the build plans – with orders firmed up as recently as last week – shifting production more into the December quarter.

While our checks are ongoing, initial feedback from our meetings suggests that final production of iPhone X has not yet begun, with production expected to commence in mid-October. That production start is about a month later when compared to expectations a month ago, and about 2 months later than expectations at the end of June. Notably, this is consistent with commentary from Diodes last week suggesting the timing had changed since reporting June quarter results and is important as it relates to tone and expectations for the December quarter.

We’ve known for months that supplies of the handset will be constrained at launch, but if the analyst information is correct, it could be a very long wait for many potential buyers.

The handset will officially arrive on Friday, Nov. 3. A 64GB version is $999 while a 256GB edition is $1,149.