iPhone X Shipping Estimates Improve to 2 to 3 Weeks in United States and Canada

[Pootie Tang]

Warren Buffett's happy but what does he know!
Apple Remains a Warren Buffett Favorite, Berkshire Ups Stake
Zacks Equity Research
November 15, 2017
Apple Inc. AAPL continues to find favor with Warren Buffett. Per a recent regulatory filing with the Securities and Exchange Commission (SEC), Buffett led conglomerate Berkshire Hathaway Inc. BRK.B disclosed that it has increased its stake in Apple in the third quarter of 2017.

Berkshire revealed in the filing that it has bought around 3.9 million of Apple shares, taking its total share count to over 134 million.

Berkshire has been raising its stake in the tech giant, ever since it made its first investment in May 2016. The firm had bought around 9.8 million of Apple shares at a price of $109 per share back then.

 

[citysnaps]

deleted

 

[WannaGoMac]

Warren Buffett's happy but what does he know!
Apple Remains a Warren Buffett Favorite, Berkshire Ups Stake
Zacks Equity Research
November 15, 2017
Apple Inc. AAPL continues to find favor with Warren Buffett. Per a recent regulatory filing with the Securities and Exchange Commission (SEC), Buffett led conglomerate Berkshire Hathaway Inc. BRK.B disclosed that it has increased its stake in Apple in the third quarter of 2017.

Berkshire revealed in the filing that it has bought around 3.9 million of Apple shares, taking its total share count to over 134 million.

Berkshire has been raising its stake in the tech giant, ever since it made its first investment in May 2016. The firm had bought around 9.8 million of Apple shares at a price of $109 per share back then.

OMG Warren is going to buy Apple for Berkshire Hathaway!

 

[nokkynuk]

My order was expected to deliver between DEC 8th - DEC 16th, then got pushed forward to DEC 1st - DEC 8th.

Contacted Apple just now, my card was charged for X, and they're waiting for the carrier to pick the phone up for delivery. Will be shipping in less than 24 hours confirmed. It is possible they're moving dates forward again!

Very excited.

 

[ToroidalZeus]

Funny how most people are jumping to the conclusion of low demand (rather than higher than expected supply). Don't forget the Tim Cook was an expert COO.... I don't know which it is, but we'll certainly know when the 1Q results come in.

Demand for iPhones peaks in the 1st and 2nd quarters. If Apple optimized supply chain to meet that demand as fast as possible then they would have excess capital in quarters 3 and 4. Therefore there is always a waiting period after launch. Therefore is the waiting period is shorter than in prior years we can assume that it's because of demand rather than supply (as supply will always be restricted to maximize profits).

 

[Jimmy Bubbles]

My order updated its status to "Preparing to ship" this morning. I ordered it just over a week ago. Much excite!
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Does this mean my Dec 6-13 date will be bumped? Or should i just order it again?

From my experience, you're better off leaving your order in rather than canceling and ordering again. SO yes, you SHOULD cancel yours...so that frees up mine! ha

 

[Ankaa]

Reading these forums is quite entertaining.

At first, people were complaining that they had 4-5 weeks of shipping despite ordering right at midnight in October.

Now, people are complaining that shipping times improve?

 

[AppleWes]

At first, people were complaining that they had 4-5 weeks of shipping despite ordering right at midnight in October.

Now, people are complaining that shipping times improve?

Haha so true. And I guess they've never been through an iPhone launch before... past years have been the same situation MANY times. Most of the time Apple tries to "under promise and over deliver" to be on the safe side.

 

[thisisnotmyname]

is this a repeat? I thought we just saw this article a day ago.

 

[Pepesito]

Love this!

Italy oredered 31/10
Yesterday expected delivery 4-11 dec
Today 7-15 dec.
Are they sending my phone in the States??!

 

[democracyrules]

The scalpers are losing leverage. Awesome.

Absolutely great to see scalpers are losing their edge.

 

[eroslws]

My wager is on the garbage offerings by mobile companies; the iPhone 7 definitely had "artificial" demand because of their support. You could have received a $650 discount with an iPhone 6 trade-in last year. Now, an iPhone 7 gets you $300 in bill credits. :/

 

[Ankaa]

is this a repeat? I thought we just saw this article a day ago.

We saw this article for Europe, yesterday. Today is Canada and US.

 

[Mad Mac Maniac]

Did him being a COO expert help previous launches ?

I'm sure it did. Do you have any data to refute that?

Demand for iPhones peaks in the 1st and 2nd quarters. If Apple optimized supply chain to meet that demand as fast as possible then they would have excess capital in quarters 3 and 4. Therefore there is always a waiting period after launch. Therefore is the waiting period is shorter than in prior years we can assume that it's because of demand rather than supply (as supply will always be restricted to maximize profits).

Few things to note.

To my recollection supply constraint for iPhone X is similar to all previously iPhone launches. I think there were just an increase in supply constraint rumors this year, so many were expected much longer delays than prior years. i.e. Potentially false expectation results in a potentially false conclusion. (Again, I'm not claiming any knowledge of strong or poor sales, I'm just indicating that we shouldn't jump to any conclusions)

Secondly, don't forget about iPhone 8 and 8 Plus. Since they were released a month prior it dissipates demand for iPhone X. Apple has changed strategy from 1 single iPhone (pre plus) to 3 differentiated iPhones at a slightly staggered release. For this reason, it is foolish to try to guess the amount of supply Apple created for the each of the three models.

Lastly, while I'm sure Apple wouldn't mind if all iPhone buyers choose iPhone X, I think it's pretty obvious that Apple only expected it to receive a portion of iPhone sales (hence the 8 and 8 Plus). So while it is 100% possible (and likely) that iPhone X sales are lower than 7 and 7 plus from a year ago quarter, it can equally be true that 8, 8 Plus, and X sales exceed that of the 7 and 7 plus from a year ago quarter. But even if sales are flat (which I think it very likely) Apple would still see significant increases to revenue and profit due to an increase in price across the line.

Apple's not stupid. I think iPhone sales are certainly flattening out (and may already be at peak iPhone), and if Apple was able to realize that, re-strategize, and STILL increase profits... that's impressive.

All that being said, I'm still holding out strong on my old iPhone 6 plus, so I'm certainly not helping Apple any The concept of "good enough" is starting to hurt apple now. And again, all of this will be revealed in the next earnings call. For what it's worth, I expect flat iPhone sales with a big jump in ASP, resulting in an increase in revenue and profits.

 

[AppleScruff1]

2-3 weeks..... I can get an X end of November - early December ? But so many on here said it would be impossible into Q1 2018.....

What does anyone here know?

 

[Lerxt]

I need that SIM free version to use abroad in the Philippines

The sim free version is used in every other country in the world other than the US

 

[Syk]

My AT&T order placed on the 8th still says Nov 30-Dec7 ship. Works for me I rather it not ship early next week as I'm off and I had them ship to my job instead of home.

 

[Lerxt]

OMG Warren is going to buy Apple for Berkshire Hathaway!

He already has

 

[Fernkelsey]

Buy the Verizon version and activate wherever you want.
The Verizon version *IS* the version they will eventually sell SIM free.

It’s not possible to purchase it though. If you do it online, you must provide Verizon account information. And all three stores that I went to weren’t allowing any walk-in sales, even though they had phones in stock.
[doublepost=1510786820][/doublepost]

It’s not possible to purchase it though. If you do it online, you must provide Verizon account information. And all three stores that I went to weren’t allowing any walk-in sales, even though they had phones in stock.

All three apple stores I mean.

 

[IG88]

i know but I cant find a Verizon in store and online they only let you buy with Verizon account info, which I do not have.

Something must be different about the ordering now. I got the 6S the day after launch. I didn't want to wait for the SIM free because on the 6 that pushed to January.

Anyhow I'm certain that I was able to reserve a Verizon 6S online through Apple.com for in store pickup without providing any carrier info, because I wasn't a Verizon customer at the time.

 

[HobeSoundDarryl]

Once upon a time there was a young sheepherder. One day he became so bored, he cried out "Wolf! Wolf!" and the villagers came running to save the sheep from the wolf. The sheepherder laughed & laughed at the great joke he played, finding much amusement in how readily the villagers responded to his trick.

A short time passes. He becomes bored again. So he wonders if the same trick would work again. "Wolf! Wolf!" he cries. The villagers drop everything and come running only to discover that they were tricked once more. The sheepherder laughs at them.

A few days later, he tries again. The village responds again. He laughs & laughs.

A few days later an actual wolf appears and begins to attack the flock. "Wolf! Wolf!" cries the sheepherder but the villagers- having been fooled by the same trick one too many times- assume it's just another round of the same. The wolf devastates the sheep.

Every year it's the same story. Some part of the next new iPhone is in short supply such that orders will be constrained at launch. The villagers get whipped into a frenzy and come running even at 3am ET. Soon thereafter the sheepherder announces record revenues & profits, apparently finding some way to ramp up production to catch up to "selling all we can make" levels of demand.

Then, next year, the same game, the same frenzy, the same outcome.

Unlike the villagers, we never really learn, willingly running EVERY year out of fear that some wolf will get the prize a little sooner than we may. The one question I ponder: I wonder if the Sheepherder laughs & laughs every time...

...all the way to the bank. [rhetorical]

 

[citysnaps]

Reading these forums is quite entertaining.

At first, people were complaining that they had 4-5 weeks of shipping despite ordering right at midnight in October.

Now, people are complaining that shipping times improve?

It certainly is entertaining.

In your first instance, it was about Apple artificially constraining supply to stimulate demand. Yeah, Apple hates sales and money... And now it's there's plenty of supply, but nobody want's to pay $$$$ for an iPhone.

Cracks me up. In the end this quarter's results will be outstanding.

And then those same people will say something like, "Well yeah, there's an extra two days in this quarter." Or, "those aren't really sales, but deliveries to Apple Stores." And on and on and on and on...

 

[73CortinaV8]

istocklive has shown almost no inventory across the country since last week. I also have a script that scans local inventory every 20 seconds. 1 match on saturday that lasted about 3 minutes.

 

[jigzaw]

Not to be a gloating jacka$$, but I had no intention of getting a new phone this year (had the 6S Plus and was ok with it despite increasing lag and the lightning cable always falling out of an apparently loosened jack on my phone) so I did not preorder. But on my lunch break on release day I did happen by the Apple Store in West Hollywood (the Grove) in L.A. and saw the line and thought "Hell I'll go in and see what the X looks like in person" and found it gorgeous. Got all tempted and asked the employee at the head of the line about stock and they had plenty of what I wanted (silver 256, At&T) and was happy to make a reservation for me. I texted my boss, who responded "Well, if you're getting an 8, then no, but if you're getting an X then sure take a long lunch! haha" and I got in the line. About 90 mins later I had the phone all set up and in my pocket.

So, I'd say check the stores! But anyway, if you're still on the fence and want the opinion of someone who's had the X for almost 2 weeks... I love it. The lack of home button was odd for a couple days but I quickly adjusted. The phone is fast as hell and Face ID is working for me mostly flawlessly and when it fails it's usually because I'm blocking my face by say sipping coffee from a mug or am turned so sideways it's just seeing my profile or whatever. But my sunglasses don't affect it and being in the pitch dark of my room at night also has zero effect. Works pretty much every time. I will say that overall, while the FaceID recognition as such is a smidge slower than TouchID's recognition, the net effect is a ton of time saved because it simply doesn't fail nearly as much as TouchID and I can just swipe up as I'm lifting my phone and it'll recognize me before I even know it, or touch the notification that pops up on my screen and it'll unlock and zap me right to that app without the rigamarole of unlocking to home page first, like I always seemed to need to do with TouchID. I can see room for FaceID to get even snappier, but so far I find it much smoother and far far less prone to failure than TouchID. TouchID failed on me maybe 20-25% of the time and FaceID fails on me maybe at a rate of like 1%. It's eerie how well it works.

App switching is fabulous because you can just scroll left/right at the bottom of the screen without even having to go into app-switcher mode. One thing that is odd is flinging the app away from the app-switcher screen no longer turns the app "off" like it used to. It just returns you to the Home page. To actually turn apps off you need to hold-touch on one of the "app cards" in switch mode until they get the little x in the corner and then you can flick it up and actually turn it off. Odd little change but I'm used to it now.

The screen- I have to say the True Tone thing does take some getting used to. It seems to introduce a yellow tint that not everyone's gonna love. i've gone back and forth on it but I'm mostly leaving it because it does seem to respond to the light that I'm in and turning it off does remind me how icy-blue iPhones tend to default to anyway. I'm still getting used to it. Aside from that the screen is lovely enough. I haven't done a ton of video watching so I'm on the fence about the notch because when you're in fullscreen, it doesn't just cut into that side of the image, but the whole image seems to be zoomed into a bit so that even on the other edges, you're not seeing the full frame. As a film person, I'm kind of sketchy on that but you can quickly switch into a mode that zooms out enough to encapsulate the whole frame under the notch and then you can see everything correctly. For normal usage though, the notch is not an issue and the rounded-edge aesthetic gives a cool almost card-like appearance to most apps. It's kind of like the endgame of what they were going for when they started the "flat" aesthetic. The combination of the true tone and what may be less actual light needing to emanate from the screen for darker colors due to OLED (total layman's guess, the phone does get very bright if you turn it up) gives the impression of almost a sort of shuffling of paper cards as you move around apps and content. Hard to put into words exactly what I mean, but it's a fun aesthetic that I think will bear more fruit in the coming years.

I'm on the fence about wireless charging. I hold and use my phone during my waking hours too much to make it very worth it. I'd be constantly picking it up and then putting it back down on the mat. Maybe that's ok but I don't know how good for the battery that is. Speaking of battery, the battery life on this thing is so so so much better than the battery life on my 6S Plus has been of late. Like, no comparison better.

I hope I'm not overselling it. It's still just a phone and doesn't do anything that is life-alteringly different from recent models of iPhone. And if you are hesitant because of the price and are happy with what you got, then by all means you are completely cool waiting to see what they come up with next year. But I'm enjoying it, obviously.

 

[IJ Reilly]

He already has

Oh, really?