Despite iPhone X production issues, Apple’s Shares have managed to climb to a record high. Many of the brokers were excited about the demand and sales of iPhone X which resulted in pushing the company’s shares to reach a record high.
For the very first time, the Cupertino-based company did not provide the pre-orders figures for the newly released iPhones, making investors as well as analysts to conduct a research to track down the original sales figure.
Fortunately, after being signaled as a strong demand for the pricey iPhone X, the stockbrokers have some relief as earlier Apple mentioned there will be fewer units of iPhone X that will be shipped this year.
The well-known analyst – Daniel Ives, forecasted the pre-order figures for the iPhone X to be 10 million on last Monday. While several other analysts came up with the estimated sales figures for the next year.
Daniel also raised his pre-order demand expectation report for the iPhone X from 40 million units to 50 million and also mentioned the first stage of the release of iPhone X to be a “stellar success”.