However, in the next three months, production is expected to decrease in quantity. Cowen predicts the number of iPhone X units produced during the second quarter of 2018 to reach nine million units, while the previous prediction of 13 million to 16 million units.
Production predictions in the first quarter mentioned Cowen and Company are different from the predictions of JPM and KGI. Both of these research and analysis companies expect the iPhone X to be produced by 20 million units during the first quarter.
KGI also estimates that Apple will release three new iPhone models this year, with 5.8-inch and 6.5 inches using OLED panel and 6-inch LCD screen model. OLED paneled display models are expected to sell as much as 100 million to 120 million units.