iPhone X: most expensive Apple smartphone sells out in minutes

in #inshort7 years ago

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Demand for new flagship iPhone causes month-long shipping delays, contrasting with muted iPhone 8 sales and reportedly causing Apple concern about supply

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Alex Hern
Saturday 28 October 2017 16.57 BST First published on Friday 27 October 2017 10.37 BST

Apple’s most expensive smartphone, the iPhone X, sold out in less than 10 minutes upon being made available for pre-order on Friday morning.

The iPhone X – officially pronounced “10” – costs from £999 with 64GB of storage, topping out at £1,149 with 256GB of storage, which is higher than the starting cost of three of Apple’s fully fledged computers.

Despite the price tag, demand is high. The company’s online shop experienced server issues in the minutes immediately following the launch of pre-orders, and the initial allocation of devices, due to arrive on 3 November, had completely sold out by 8:10am in the UK. Less than an how ur later, the waiting list had extended to cover the entire first month.The iPhone X rapidly selling out may not be entirely good news for Apple. The company has reportedly been concerned it will face severe supply constraints for the iPhone X, with a story in Nikkei Asian Review claiming its annual output was expected to be just 20m units, half of what it had initially planned. Another report, from Bloomberg, claimed that Apple was forced to remove some quality control elements from its production line in order to increase output to an acceptable level. In an unusual move, Apple specifically denied that report, saying the claim “that Apple has reduced the accuracy spec for Face ID is completely false”.
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The success of the iPhone X is only one half of Apple’s concerns for the immediate future. The company is also trying to balance demand for the iPhones 8, the more conventional smartphones in its lineup for 2017. Initial reports suggest the iPhone 8 and 8 Plus experienced sluggish sales in their first few weeks on sale, by comparison to previous iPhone launches.
The success of the iPhone X is only one half of Apple’s concerns for the immediate future. The company is also trying to balance demand for the iPhones 8, the more conventional smartphones in its lineup for 2017. Initial reports suggest the iPhone 8 and 8 Plus experienced sluggish sales in their first few weeks on sale, by comparison to previous iPhone launches.

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