For months, many Wall Street analysts have predicted the iPhone X will drive a significant number of existing iPhone users to upgrade. The latest word from KGI Securities analyst Ming-Chi Kuo, however, suggests the
so-called "supercycle" won't truly gain momentum until 2018 due to multiple factors.
Namely, Kuo said the TrueDepth camera system's reported
production issues will be "significantly addressed" in 2018. He also believes new iPhone models launched in 2018 will enjoy a longer sales period than those unveiled in 2017, with next year's lineup likely to retain many of the iPhone X's appealing features.
Here's the excerpt from Kuo's research note obtained by
MacRumors today:Kuo estimated that once iPhone X's production issues are solved in the fourth quarter of this year, shipments will "pick up strongly" in the first half of 2018.
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Ming-Chi Kuo Says iPhone X Supercycle Won't Really Happen Until 2018