You may have noticed that there isn’t a long waiting list for Apple’s new iPhone 8 yet because many early adopters are patiently awaiting for the pricier iPhone X, which starts at $999.

The fact wasn’t lost on KGI Securities analyst Ming-Chi Kuo who noted in today’s report to clients, obtained by MacRumors, that demand for the flagship OLED phone is “very likely” to cannibalize iPhone 8 pre-orders, which Apple will start accepting at the end of next month.

Historically, it takes 3-6 weeks or more to ship new iPhone models after they are available for preorder, due to initial tight supply and robust demand. However, our latest review indicates it will take less than 1-2 weeks for iPhone 8. We believe this is because there is a strong likelihood that iPhone X demand will cannibalize iPhone 8 pre-orders.

Apple began accepting preorders for the new iPhone 8 last Friday ahead of its arrival this Friday. Preorders for iPhone X will go live October 27 ahead of its November 3 launch.

We conducted a poll on the new Apple devices from Apple’s keynote that iDownloadBlog readers are planning on buying. Unsurprisingly, iPhone X came on top with more than half of the respondents opting for the flagship smartphone while Apple Watch Series 3 (GPS + Cellular) was second with about fifteen percent of votes.

Separately, Kuo said that demand for the LTE version of Apple Watch Series 3 was “significantly stronger” than originally thought due to its “low premium of $70” over the Wi-Fi only models.

The analyst has estimated that the LTE watch has accounted for between 80 and 90 percent of preorders versus his original pre-keynote forecast of 30-40 percent, perhaps expected given the limited number of countries where the LTE version of the device was available for preorder.

Are you awaiting for iPhone X? And, in your personal opinion, what device is a better value for money, the LCD-based iPhone 8 or the OLED-based iPhone X?

Let us know in the comments below!

  • Franklin Richards

    People who generally pre-order want the latest and greatest from Apple not the minor updated phone. It’ll probably paint a different picture after a few months later when both phones are out.

    • Agreed, those stats are probably heavily skewed by early adopters.

  • Siri Tim Cook Holness

    Yes

  • TwinSon

    Could have counted me among that group had they made a 128GB option. Hopefully next year’s phone will bring that as well on screen Touch ID.

    • I don’t think Touch ID will be coming back at all.

      • Rowan09

        You don’t think they’ll put it in the screen as they were trying to do? Especially for Muslim countries where women wears a hijab.

      • Jamessmooth

        This comment blows me away because I never thought of this. I wonder how it will work out?

      • Rowan09

        Not sure but I believe they’ll add Touch ID in the screen on the next model as the main seller, along with OLED on all models.

      • Jamessmooth

        I was thinking that too. The problem is that they’ve already said FaceID is more secure… 1 in 1,000,000 chance vs 1 in 50,000 chance. It’d be hard for them to go back to tech that is less secure imo.

      • Jay

        It would be hard to get to 50,000 attempts on any iPhone because after a certain amount of tried it locks you out anyway… I doubt it matters how much more secure it is because of that fact.. you’ll probably never need it to be that secure its just another selling point.

      • Rowan09

        No they wouldn’t take that risk with the banks and Apple Pay.

      • Jay

        They already took the risk with TouchID. Im saying there wasn’t really a need for something better if there was no way to try up to 50,000 fingers in the first place.

      • Jay

        Amoled screens have been out for years so they could’ve definitely done it this year and added FaceID to the 8’s to make them a better upgrade. Not sure why the X had to be so speacial…

      • Rowan09

        It’s not about it just being an OLED screen. They were having issues inbedding the Touch ID in the screen along with force Touch. You notice Samsung placed the fingerprint scanner on the back because they wanted to do the same thing as well. I believe they’ll figure it out and add it along with Face ID that’s my assumption. This year will be a test.

      • I doubt a normal hijab is a problem, it doesn’t scan the ears on the side of your head. I think you’re specifically thinking of the extreme orthodox burqa. Which of course would be a problem, but so would be a ski mask, those poor wintersporters won’t be able to unlock their premium iPhones :< and lets not forget all the scuba divers.

      • Rowan09

        No you can use a passcode and scuba divers can’t use Touch ID in water anyways.

      • Jay

        Now im curious it FaceID works under water…

      • Rowan09

        They showed a picture with someone doing it with water on their face so maybe.

    • Jamessmooth

      Same. Super bummed they decided to get rid of the mid option. I’d do 64, I just worry about AR apps and stuff. Need 256

      • Jay

        Agreed it should have been 64,128, and 256…

    • Rowan09

      I think they made a huge mistake with this move as well. I do think though IOS 11 and the new HVEC codec will make media take up way less space.

  • Tony Trenkle Jr.

    “You may have noticed that there isn’t a long waiting list for Apple’s new iPhone 8 yet because many early adopters have pre-ordered the pricier iPhone X, which starts at $999”
    May wanna change the wording there since we cant preorder the X yet. This sentence makes it look like you can.

  • Jay

    They really think that many people are waiting for the X

  • Jamessmooth

    No doubt I’m waiting for the X. Also, not surprised by lower demand for iPhone 8. It took all of ten minutes for it to become outdated.

  • Rehan Zi

    Title says ‘lunch’ instead of
    ‘launch’. I guess iPhone 8 really is starving!

  • David Gow

    It’s so easy now to unlock my phone I can be talking with you get my phone out of pocket and with jailbreak have my google maps open ready to type in the info all with Touch ID. With face Id i don’t think that would work
    But we shall have to wait and see what the defining factor with the 8 or x is
    Tilt phone or lean over AND swipe up I would have for sure thought I would just look at it and it would open what’s the point of it doesn’t

  • Sailor_V90

    All I care about is storage, so the fact that I can get a 256GB standard iPhone 8 for the base price of iPhone 8 Plus is a steal in my eyes.

  • JulianZH

    the Chinese are saving the time and money for iX. why? so they can resell it for $2000 in china.

  • 919263

    I am sure all these people who ordered the X for $1000+ have worked HARD for their money, did not get it from their parents, and drive around in a car HARD EARNED by working Long hours….

  • Mike M. Powell

    Meh I got the 8+ 64gb cuz I can’t justify my self slapping 1k for a phone yet.

  • Boris Aguiar

    iPHone X it’s nothing but an expensive piece of crap. I wonder what Steve Jobs would think about hi’s precious iPhone now. This is the end of ” Think Different’