The release date of the iPhone 5S has been pushed back by up to a month due to issues with the display on the new flagship phone, it is being claimed.
Citigroup analyst Glen Yeung said: “With respect to the iPhone 5S, our checks suggest production has been delayed by 2-4 weeks, likely due to display issues.
“And while this does not preclude a September iPhone 5S launch date, we suspect volumes in September may consequently be challenged. As an aside, we continue to expect a 4.8” screen iPhone 6 to be launched in 1Q14.”
Yeung also thinks there may not be an iPad Mini with the higher-res0lution “Retina Display” until the fourth quarter of this year, later than he’d previously expected.
He said: “Our latest field work suggests Apple has cut production of iPad Mini in C2Q13 (from 8M to 6M-7M) in an effort to reduce inventory ahead of a product refresh in C3Q13.
“However, whereas we had been expecting a new iPad5, iPad Mini 2, and iPad Mini Retina in 2H13, we now believe that iPad Mini Retina has been delayed until late C4Q13 or C1Q14.
“We continue to expect iPad 5 to sport characteristics similar to iPad Mini (slimmer, lighter), although the prospect of a higher-end solution (like the MS Surface Pro) seems unlikely…We note that 3Q13 is expected to be the last quarter of iPad2 and iPad4 production.”
Via: Barron’s