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Signs of strong demand for Apple's iPhone X led one well-known sector analyst to raise his forecast for pre-orders by 10 million on Monday and another to predict iPhone sales overall next year would be higher than consensus forecasts. (Reuters Photo)
Apple has ceased to give its own numbers on iPhone sales, leaving investors and analysts striving to track output through research with its suppliers, consumer surveys and other industry indicators. (Reuters Photo) -
But the Cupertino-based firm did say on Friday that pre-orders for the 10th anniversary phone were "off the charts". (Reuters Photo)
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In a note, research house GBH Insights raised its pre-order demand expectations for the iPhone X to 50 million units from 40 million, calling the first stage of the iPhone X release a 'stellar success'. (Reuters Photo)
With the official launch of iPhone X in Apple retail stores slated for this Friday, November 3, the anticipation are very high on globally demand with limited supply of iPhone X on hand. (Reuters Photo) -
Apple and US wireless carriers' pushing out of delivery times for iPhone X orders to 5-6 weeks was longer than for previous phones and pointed to strong demand. (Reuters Photo)
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An attendee uses the Face ID function on the new iPhone X during a presentation for the media in Beijing, China. (Reuters Photo)
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However, the longer wait times for consumers ordering phones may be as much due to the component supply issues which led Apple to delay the launch of the premium phone until November. (Reuters Photo)
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Shares of the company gained another 0.7 percent in premarket trading after rising 3.6 percent on Friday. (Reuters Photo)
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It is important for Apple to highlight the demand side of the equation for the iPhone X. (Reuters Photo)
China exits Pakistan’s $60 billion economic corridor project; Islamabad turns to ADB for funding
