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 production glitches pushed the manufacturing process back by about a month, the Journal reported, citing people familiar with the matter.
The company’s shares closed down 0.4 percent at $161.26.
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