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
-
Frimpong-Boateng proposes Environmental Restoration Fund funded by mineral royalties
4 minutes -
Corrupt individuals are worse than pathogens; their actions cause premature deaths – Prof Frimpong-Boateng
9 minutes -
No illegal mining operation will find refuge on Akyem Essase lands — Chief declares
13 minutes -
Flight price rises due to ‘foolish leaders’ starting wars, Virgin’s Branson says
20 minutes -
Consult traditional authorities before granting mining concessions on stool lands — Baffour Sikabede to gov’t
30 minutes -
Why are European countries moving their gold out of North America?
36 minutes -
Galamsey: Chiefs must not trade rivers for mining royalties – Baffour Sikabede
40 minutes -
Jamaica to bring slavery reparations petition to King Charles
52 minutes -
UEW holds Fourth Annual Colloquium on politics and Ghana’s environmental future
55 minutes -
2026 U-20 WWC: Black Princesses fall to Ecuador in opening game
3 hours -
GPL 2026/27: Hearts of Oak start new season with emphatic win over Berekum Chelsea
4 hours -
GPL 2026/27: Asante Kotoko held by debutants Debibi United in four-goal thriller
4 hours -
CAF CL: Medeama suffer home defeat in first leg against TP Mazembe
4 hours -
GPL 2026/27: Samartex secure 3-1 victory over Karela in season opener
5 hours -
Kumawu MP calls for urgent action on SHS infrastructure deficits
5 hours