Apple’s upcoming iPhone could face supply issues at launch

California: Apple’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.

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.

Must Read

Walt Disney forms business unit to coordinate use of AI, augmented...

Walt Disney is forming a new group to coordinate the company's use of emerging technologies such as artificial intelligence and mixed reality, as the media...