QUICK FULFILLMENT: Analysts said wait times of two days or less, instead of five to six weeks, for iPhone X shipments indicate demand for the premium smartphone is waning
Taipei Times
Date: Jan 08, 2018
By: Lauly Li / Staff reporter
Hon Hai Precision Industry Co’s (鴻海精密) earnings performance this quarter is estimated to fall below market expectations, due to sluggish demand for Apple Inc’s iPhone X, Daiwa Capital Markets Inc forecast.
“We think Hon Hai, the sole assembler for iPhone X, is not immune to the muted demand for the handset model,” Daiwa analyst Kylie Huang (黃奎毓) said in a client note on Wednesday.
Daiwa’s supply chain research shows that iPhone X component vendors are facing a quarterly decline in orders of between 15 and 25 percent, Huang said.
The “wait time” — which refers to the length of time between the placement of orders by consumers and the delivery of products by Apple — for the iPhone X in some major markets, such as in the US, the UK, Hong Kong, Singapore, Japan and China, is within two days, Huang said. [FULL STORY]