Apple (AAPL) Seen Having Issues With Metal Frame for iPhone 8, Official Launch Seen Delayed Until Late-October - Rosenblatt

September 8, 2017 9:39 AM EDT
Get Alerts AAPL Hot Sheet
Price: $130.21 +0.36%

Rating Summary:
    44 Buy, 20 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 38 | Down: 18 | New: 7
Trade Now! 
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Rosenblatt analyst Jun Zhang advances yesterday's WSJ story about Apple (NASDAQ: AAPL) production issues noting their industry research suggests Apple is currently having some issues with metal frame of the iPhone 8.

They still expect the iPhone 8 to be announced in the September event, but the official launch will likely be delayed to late-October or later, Zhang said.

They do not believe Apple’s component suppliers will be impacted since Apple continues to pull in components as scheduled.

A potential delay in the iPhone 8 could give Samsung's Note 8 and Huawei’s Mate 10 more opportunities to take share, the analyst said.

Further, they continue to highlight Lumentum (NASDAQ: LITE), STMicro (NYSE: STM), AMS, Viavi (NASDAQ: VIAV), Power Integrated (NASDAQ: POWI), Cypress (NASDAQ: CY), and ON Semi (NASDAQ: ON) to likely benefit from content dollar growth in the iPhone 8.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Hot Comments, Trader Talk

Related Entities

Rosenblatt