AAPL Stock Slips After Reports Of New iPhone “Plagued By Production Glitches”

Thursday, September 7, 2017
By Paul Martin

by Tyler Durden
Sep 7, 2017

AAPL stock is sliding this afternoon as The Wall Street Journal reports the new iPhone is said to have seen “production glitches.”

Apple Inc.’s new iPhone, which is expected to be unveiled Tuesday, was plagued by production glitches early in the manufacturing process this summer, according to people familiar with the situation, which could result in extended supply shortfalls and shipping delays when customers start ordering the device later this month.

The production delays earlier this summer stemmed from Apple’s decision to build new phones using organic light-emitting diode (OLED) screens similar to those used by rival Samsung Electronics Co.

The reaction is clear…

The Rest…HERE

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