iPhone 8 Could Face Shortfalls Of Supply
- Apple’s new iPhone may face supply shortfalls after launch
- Fans and investors are curious about iPhone 8 and it’s all new features
Apple 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. Apple company’s shares closed down 0.4 percent at $161.26. So, the manufacturing process had been pushed back by about a month, the Journal reported.
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.
All of the Apple fans and investors are curiously waiting to see the all new features of iPhone 8. 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.