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Apple could face supply shortfalls after launch of iPhone 8: Report

Apple's shares were down 0.5% at $161.11


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 were down 0.5 per cent at $161.11. The production glitches pushed the manufacturing process back by about a month, the Journal reported, citing people familiar with the matter. Apple did not immediately respond to a request for comment. Fans and investors are eagerly looking forward to the 10th anniversary iPhone 8 to see ...

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First Published: Thu, September 07 2017. 23:27 IST