iPhone 8 shipping estimates slashed amid delay concerns

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iPhone leak
TSMC has ramped up production for a September launch.
Photo: Ste Smith/Cult of Mac

Shipping estimates for the iPhone 8 have been slashed by one firm amid concerns that the device could be delayed by up to a month.

Following a trip to Apple suppliers, Bank of America Merrill Lynch analysts blamed delays on “technological issues” related to the handset’s fingerprint scanner and 3D facial recognition sensors.

Analysts Expect Apple To Announce Revenues Between $41 Billion And $43 Billion

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applemoney

Apple will announce its second quarter financial results at 5 p.m. EST today, and this could be one of the company’s most interesting earnings calls for some time. Wall Street has been less than optimistic about the Cupertino company’s recent performance, and some believe that Apple will post its first quarter of negative growth income for over a decade.

But some analysts are a little more positive. According to averages put together by Yahoo! Finance, Apple is likely to announce revenue between $41 billion and $43 billion for the second quarter, with margins between 37.5% and 38.5%.

iPhone 5 Shipping Delay Improves Again, Now Stands At Just One Week

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Order an iPhone 5 today and have it shipped by next Monday.
Order an iPhone 5 today and have it shipped by next Monday.

The shipping delay for Apple iPhone 5 has been steadily dropping over the past few weeks, and today it reached an all-time low of just one week. At least, that’s the case if you live in Australia. Estimates for other regions — including the United States — are still at two weeks, but we’re expecting those to drop soon, too.