Apple's iPhone 8 could suffer shortage of supply following its launch

Apple's anniversary edition iPhone 8 could suffer a shortage in supply and shipping delays following its launch next week due to production glitches early in its manufacturing process, according to the reports by the Wall Street Journal.

An email by BTIG analyst Walter Piecyk stated, "There never appears to be a shortage of chatter about alleged production glitches at Apple but they seem to be able to crank out tens of millions of iPhones each quarter".

"I also doubt someone interested in a new iPhone will change brands if they have to wait a few months", he added.

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The company is widely tipped to adopt higher-resolution OLED displays for the latest iPhone and the reports say that the highest-spec model will be the first iPhone to cost more than $1,000 to $1,200, with Apple to offer the handset in 128GB and 256GB configurations only.