“KGI’s Ming-Chi Kuo is today out with a new investor note in which he further analyzes the iPhone X supply chain and production struggles,” Chance Miller reports for 9to5Mac. “Kuo also looks ahead to 2018, noting of when Apple will hit full production of the iPhone X as well as what’s in store for the 2018 iPhone.”

“Kuo says the ‘true super cycle’ for the iPhone won’t actually take place until 2018,” Miller reports. “While many analysts have predicted that the launch of the iPhone X will prompt a super cycle for the end of 2017, the KGI Securities analyst says supply shortages will push that increased upgrade cycle into next year.”

“Once the holiday rush is over, he predicts a sharp quarter-on-quarter decline for iPhone 8 sales due to cannibalization from iPhone X,” Miller reports. “In the meantime, iPhone 8 Plus sales have been “better than expected” thus far.”

Read more in the full article here.

MacDailyNews Take: The supercycle is slightly delayed, but it’ll get here soon enough!

SEE ALSO:
1 in 3 iPhone users to upgrade to a new iPhone in 2018 – August 23, 2017
Apple is prepping for a huge iPhone product cycle – August 15, 2017
BlueFin: Apple’s ‘iPhone X’ sees massive manufacturing surge; build plans at record levels – August 14, 2017
This Apple iPhone ‘supercycle’ could have staying power: Apple may enjoy two consecutive successful iPhone cycles – August 8, 2017
UBS sees massive pent-up demand for Apple’s next-gen iPhones – July 25, 2017
Data suggests millions upon million of iPhone users ready to fuel iPhone ‘supercycle’ later this year – April 21, 2017
More evidence for a looming iPhone ‘supercycle’ – April 10, 2017
Citi ups Apple price target to $160 on impending iPhone supercycle – March 6, 2017
Analyst: Here comes Apple’s iPhone ‘supercycle’ – February 21, 2017
Apple seen riding iPhone 8 ‘supercycle’ next year – October 14, 2016