In recent reports, there are indications that Apple's highly anticipated iPhone 15 series may experience a delay in its launch, potentially pushing its release to October instead of the usual September timeframe. The delay is rumored to be influenced by supply chain challenges and screen manufacturing issues affecting the iPhone 15 Pro and iPhone 15 Pro Max models. While analysts are optimistic about Apple's future, concerns have been raised about the impact on iPhone sales for the fiscal year ending in September 2023.
iPhone 15 Launch Delay Speculations:
According to Bank of America (BoA) Global Research Analyst Wamsi Mohan, the release of the iPhone 15 could face a delay of a few weeks, potentially moving its debut to the December quarter. This projection is based on supply chain audits, which have previously provided accurate insights into Apple's launch patterns. Apple had previously experienced delays with the iPhone 12 series due to COVID-19's impact on the supply chain, resulting in staggered shipping dates for different models.
Possible Shortage of iPhone 15 Pro Models:
Reports also indicate that the iPhone 15 Pro and iPhone 15 Pro Max models might experience limited availability at their initial launch in September. The cause behind this is attributed to issues related to screen manufacturing. Apple's display suppliers are reportedly utilizing a new manufacturing process to reduce bezel width, allowing for slightly larger screens in the Pro models. However, LG Display, one of the manufacturers, is facing challenges with the screens passing a reliability test when integrated into the metal shell of the Pro models. In response, Apple has made design adjustments to overcome these hurdles and is considering using Samsung-made displays for assembly. Nonetheless, this situation might lead to a shortage of iPhone 15 Pro Max units, the most premium model in the series.
Impact on Apple's Financial Performance:
The speculated delay in the iPhone 15 launch and potential supply issues for Pro models has raised concerns among investors about Apple's performance in the September quarter. BoA Global Research Analyst Wamsi Mohan has adjusted his price target for Apple shares, indicating possible lower iPhone sales for the fiscal year ending September 2023. While Apple has navigated launch delays before, such as with the iPhone X and iPhone XR, it remains to be seen how the current market challenges will unfold for the iPhone 15 series.
Verdict:
As Apple enthusiasts eagerly await the unveiling of the iPhone 15 series, reports suggest that the launch might be delayed until October. The supply chain challenges and screen manufacturing issues affecting the iPhone 15 Pro and iPhone 15 Pro Max models could lead to limited availability at the initial launch. Despite these potential obstacles, Apple's track record of innovation and adaptation has inspired confidence in the company's ability to overcome these hurdles. As the situation unfolds, investors and consumers alike will keep a close eye on Apple's next move, hoping for a successful and timely release of the highly anticipated iPhone 15 series.
