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An analyst from Bank of America says there will be a delay in the release of the iPhone 15 line. The new series is expected to arrive in September, but the expert’s claim says it will instead come “a few weeks” later. No reasons are mentioned to explain this, but recent reports indicate different challenges Apple faces in its iPhone production. The latest one says Apple is having issues with the iPhone 15 Pro and iPhone 15 Pro Max displays, but the report claims the company won’t resort to a launch delay.
The news came from the investment note of BoA Global Research analyst Wamsi Mohan, who previously made accurate predictions about the delay of the iPhone 12. This gives the new forecast a high probability, especially with a previous report suggesting that the production of the new line is already behind schedule by a month due to some issues.
Mohan’s predictions are based on the checks with companies responsible for Apple’s supply chain. Financial news website Barron’s shared the details in a recent report:
In a research note, Mohan said that June quarter results, due to be reported on Aug. 3, are likely to be “mostly inline” with Street estimates [but] is concerned that fourth-quarter guidance could disappoint the Street, saying that his channel checks find that the launch of the iPhone 15 could be delayed by a few weeks, pushing the debut of the next-generation phone into the December quarter. He now sees September quarter revenue of $87.1 billion, well below consensus at $91.6 billion.
Mohan’s report doesn’t share specific details about this claimed delay, but it can be recalled that earlier reports said Apple has been facing production problems. In a note to clients, Barclays analyst Tim Long said the root cause is the component shortages, specifically in supplies of titanium alloy frame casing and camera module for iPhone 15.
Apple is also currently experiencing problems with iPhone 15 Pro and iPhone 15 Pro Max display manufacturing. The issue is reportedly due to the new display manufacturing process of the bezels of the units, which are expected to be slimmer than their iPhone 14 predecessors. The displays made by LG Display are said to be failing the reliability tests, but The Information says Apple making some tweaks to remedy this. Despite this problem, the news website doubts Apple will delay the iPhone 15 release, opposing Mohan’s prediction and adding that it would just resort to fewer units at launch. After all, the report shares that displays made by Samsung remain free from issues, so Apple can “continue to assemble a significant amount of units.”
