Audio By Carbonatix
Apple Inc’s new iPhone had hit production glitches early in its manufacturing process and could lead to supply shortfalls and shipping delays following its launch next week, the Wall Street Journal reported on Thursday.
The company’s shares closed down 0.4 percent at $161.26.
The production glitches pushed the manufacturing process back by about a month, the Journal reported, citing people familiar with the matter.
Apple did not respond to a request for comment.
“There never appears to be a shortage of chatter about alleged production glitches at Apple but they seem to be able to crank out tens of millions of iPhones each quarter,” BTIG analyst Walter Piecyk said in an email.
“I also doubt someone interested in a new iPhone will change brands if they have to wait a few months,” he added.
Fans and investors are eagerly looking forward to the 10th anniversary iPhone 8 to see whether it will deliver enough new features to spark a new generation to turn to Apple.
The company is widely tipped to adopt higher-resolution OLED displays for the latest iPhone, along with better touchscreen technology and wireless charging - which could come with a $1,000 plus price tag.
Latest Stories
-
GTA sensitises taxi drivers in ‘Know Ghana’ tourism campaign
9 minutes -
Archbishop Agyinasare calls for responsible speech amid growing social media abuse
14 minutes -
Forbes’ World’s Best Employers 2026: No Ghanaian firm ranked among 900 companies
25 minutes -
Electronic processing of teachers’ data: ‘The decision is the Controller’s’ – GES boss
29 minutes -
Teachers’ Strike: Haruna Iddrisu questions paper-based processing of promoted teachers’ data
41 minutes -
Teachers’ strike: GES targets Monday deadline to submit promotion data to Controller
49 minutes -
Inflation to average 11.3% in 2027 – Fitch Solutions
1 hour -
I didn’t campaign for NDC to come and do this nonsense – Kpebu on EOCO
1 hour -
Fitch Solutions maintains policy rate forecast of 14% by December 2026
1 hour -
Diaspora Nasara Caucus congratulates Mohammed Ali Suraj, new NPP executives
3 hours -
Dr Antwi-Boasiako’s cybersecurity book showcased at UN crime prevention congress
3 hours -
We will empower the grassroots and protect every vote – NPP’s 1st Vice Chair Kojo Bamba
3 hours -
I do not see myself as better than anyone – NPP’s 1st Vice Chair Kojo Bamba
4 hours -
Police blur the line between invitations and arrests – Reindorf Twumasi Ankrah
4 hours -
Turning invitations into arrests is making citizens reluctant to assist police – Twumasi Ankrah
5 hours