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