If you're hoping for an iPhone X at launch, get ready to wait

Apple's upcoming iPhone X has reportedly been plagued with production issues — but the company's manufacturing woes might finally be over.

KGI Securities analyst Ming-Chi Kuo, a respected supply chain source, claims that Apple and its partners have ironed out the problems that have hampered the initial production. Kuo wrote in an investors note he shared with Macrumors that the worst of those challenges have been solved, clearing the road ahead for a ramped up manufacturing schedule.

Kuo identified three major problems Apple and its partners faced that were causing the production headaches. The most challenging of these was likely the flexible printed circuit board (FPCB) for the iPhone X's antenna. Original supplier Murata couldn't meet Apple's demands, and the parts had to be sourced entirely from a second supplier after manufacturing had already begun.

Another prominent issue was much more widely publicized recently: the infrared dot projector for the new TrueDepth front-facing 3D camera system, aka Romeo. The wide-angle lens for the rear camera also reportedly suffered from quality issues at the supplier level, which have now been resolved.

Apple's main manufacturing partner, Foxconn, reportedly shipped out the first wave of iPhone X devices earlier this week, presumably after the supply bottlenecks were solved. A Taiwanese publication claimed that the manufacturer was just starting to pump out about 400,000 units per week.

Apple overcoming its production bottlenecks is exciting for everyone eagerly waiting for the iPhone X preorder period to begin on Oct. 27, but there's still some bad news: Kuo downgraded his projections for how many devices Apple will be able to ship before the end of the year.

He thinks Apple will only be able to bring 25 to 30 million units to market before 2018, down from his previous estimate of 30 to 35 million, which isn't great news for consumers as there are expected to be around 50 million preorders alone for the X.

Kuo only expects that Apple will be able to ship two to three million of the devices to its distribution channels for the Nov. 3 launch, well under the massive demand. That means that most people won't come close to one of the new smartphones, at least not right away.

If you're hoping for one of the deluxe new phones, get ready to wait. Apple has a ton of new phones to make.