This Could Be Why Apple's iPhone X Won't Ship Until November
Apple's (NASDAQ: AAPL) iPhone 8 and 8 Plus will ship next week, but the flagship iPhone X won't see the light of day until Nov. 3. That's disappointing news for consumers and investors alike, as a lot is riding on the 10th-generation iPhone, which includes game-changing 3D-sensing capabilities and Apple's first adoption of an OLED display in an iPhone.
Finisar (NASDAQ: FNSR) and Lumentum Holdings (NASDAQ: LITE) are expected to be the two primary suppliers of vertical-cavity surface-emitting laser (VCSEL) sensors that facilitate the iPhone X's 3D sensing. Investors have been seeing clues from both companies for months. Could one of them be responsible for the hold up?
iPhone X launches on Nov. 3. Image source: Apple.
Source: Fool.com