If you were hoping to get an iPhone X before 2018, be prepared to wait or empty your wallet.

Preorders for Apple's high-end iPhone went live on Friday at 12:01 A.M. (PT). But customers who didn't place an order within the first 10 minutes aren't likely to score the new iPhone until December or later. Models available for a November 3 ship date sold out quickly, pushing delivery dates well into December.

For those who just can't wait, third-party sellers are an option -- but prepare to spend more. As of Friday morning, many people had posted their iPhone X order confirmations on eBay and Craigslist--but with extremely high markups. One listing for the 64GB model, which normally costs $999, asked for $2,100. Another listing for the 256GB version, which costs $1,149, was priced at a stunning $3,499. If you're not quick to grab those bargains, you could get stuck shelling out up to $10,000 for the new phone

Demand for the new iPhone was expected to be extremely high after Apple unveiled the product in September. Excitement for the new Face ID system that uses facial recognition to unlock the device is driving some of the fanfare, along with wireless charging capabilities.

While all the new bells and whistles got Apple devotees excited, the company was facing manufacturing issues that limited the supply of the new phone, according to a September 27 article in The Wall Street Journal. It also warned customers to line up at physical stores early if they weren't going to preorder online.

Published on: Oct 27, 2017