Report suggests iPhone X production hasn't even begun yet

Apple will start pre-orders for the iPhone X on October 27 and expects to start shipping on November 3 but that may change.
According to a chip analyst with Raymond James Apple hasn't begun mass production of the iPhone X. He says units will start coming off the production lines in mid-October and likely ramp up into the final quarter of the year.

If this turns out to be true, then we can expect the iPhone X to be available in very limited stock if and when it launches on November 3, and it could even start shipping later than that.

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