Apple Inc. (AAPL) Price Target Raised to $165.00 at Instinet

Apple Inc. (AAPL) Price Target Raised to $165.00 at Instinet

Apple Inc. (AAPL) Price Target Raised to $165.00 at Instinet

Ming Chi Kuo, whose analysis of Apple and its supply chain is highly regarded, says that Apple will not begin ramping up production of the iPhone 8 until October or November.

KGI is warning customers of severe supply shortages "for a while" after launch.

Following multiple reports hinting at delays due to implementation of completely new hardware features, one analyst now predicts mass production won't commence until October/November.

Apple is slated to launch the iPhone 8, iPhone 7s and iPhone 7s Plus in September.

On a similar note, a report surfaced a few weeks ago claiming that the supplier responsible for churning out the iPhone 8's advanced 3D camera modules will need more time to ramp up supply to meet exceedingly high demand. It is expected to be the most premium gadget among this year's iPhone releases.

Owing to the complications in adding edge-to-edge screen for their new upgrades, Apple's iPhone 8 may be delayed up to two months, a media report said.

The device is also likely to include an OLED display which covers the entire front of the device.

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Despite no official word from Apple, the general consensus is that the upcoming flagship iPhone will feature a completely new design with an OLED display and a almost bezel-free look, according to The Verge.

A couple of new leaked iPhone 8 pictures have been spotted online. If you remember, previously some rumors pointed towards an iPhone with a rear facing Touch ID.

Economic Daily News reported Apple was struggling with "the lamination process of curved OLED panels".

These rumors raise the possibility that Apple could three iPhones in September, including the redesigned OLED iPhone 8 and two models that resemble updated versions of the current iPhone 7 and iPhone 7 Plus. The origins of these photos are basically unknown, which means there's very, very good reason to be suspicious of them, but they at least offer an idea of what we're expecting to see this fall.

Initial reports from Chinese-language Economic Daily News said the iPhone 8 is suffering from "technical issues".

Apple fans will agree to the fact that they are impatiently waiting for Apple to unveil its 10th anniversary special iPhone, possibly dubbed as iPhone 8.

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