Apple: iPhone X preorders are ‘off the charts’

(Reuters) — Apple Inc quashed concerns of muted demand for its iPhone X on Friday, saying preorders for the 10th anniversary phone were “off the charts”.
The company’s shares, which have fallen steadily since it announced in early September it would launch two iPhones within two months, rose nearly 3 percent in response.
Pre-orders for the much-anticipated 10th anniversary phone started from 12.01 am PT on Friday.
“We can see from the initial response, customer dema