Investors Shrug Off Fears of Apple iPhone Delays
Typically, Apple (NASDAQ: AAPL) investors are quite sensitive to iPhone rumors, given the financial significance of the company's dominant revenue driver. That's why it's somewhat surprising that investors appear to be shrugging off the latest report that Apple may face some delays in launching this year's trio of iPhones.
DIGITIMES is reporting that iPhone production has been delayed, citing China's Economic Daily News. The production yields at Apple's two largest contract manufacturers, Foxconn and Pegatron, remain low, and volumes haven't reached mass-production levels. The delays are notably even affecting the non-OLED models, which are expected to come in 4.7-inch and 5.5-inch display sizes. Apple usually begins volume production in June and July ahead of launching new models in the fall, when it ideally needs to have millions of units available to support the launch. This time around, the company and its manufacturing partners may not begin volume production until August.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
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