https://www.theverge.com/circuitbreaker/2017/9/15/16317688/apple-iphone-x-supply-demand-balance-sold-out

If you’re eager to put down $1,000 or more for Apple’s new bezel-less, OLED-equipped iPhone X, you’ll probably want to be awake and ready at the company’s preorder page come October 27th. As tech analyst Ming-Chi Kuo explained in a note with KGI Securities, reported today by MacRumors, Apple’s latest smartphone, the most expensive one it’s ever made, will probably generate more demand than Apple’s supply chain can withstand, at least initially. That means long shipping wait times are a high likelihood for any number of the device’s limited confirmations when preorders do go live next month.

“We believe the fullscreen design and facial recognition features will drive replacement demand for the iPhone X,” Kuo explains. But “due to supply constraints,” he adds, it’s unlikely demand will match supply until 2018. Kuo says he anticipates Apple will ship around 40 million iPhone X units before the end of the fiscal year, and as many as 90 million in 2018.