You Should Start Camping Out Now If You Want an iPhone X

Apple is reportedly only shipping 2 to 3 million iPhone X units before the new phone launches. The estimated numbers come from a note from KGI Securities analyst Ming-Chi Kuo, according to Business Insider. In the note, Kuo reportedly believes that the reason for the short supply is due to a low stock of three parts for the phone including issues with circuit boards and a camera module. The last time Apple reported its preorder numbers was in 2014 with the release of the iPhone 6 and 6 Plus. The preorder numbers broke records selling over 4 million in the first 24 hours, according to Apple. KGI Securities reportedly reduced its forecast for Apple fourth-quarter shipments to 25 to 30 million units, down from 30 to 35 million. See more at Fortune.