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Apple Foldable Timeline Slips On Engineering Challenges [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The issues are coming up during the engineering test phase, where things are proving more complicated than expected. Fixing those problems is taking longer, and that could push production and shipments back by a few months. It is still early in the process, but the delays suggest the device is not quite ready to move forward yet. Is AAPL fairly valued? Test your thesis with our free DCF calculator. That is not unusual for foldables. Even companies already in the market have struggled with durability, hinges, and display performance. Apple, in particular, tends to be more cautious about launching new form factors, so it is not surprising to see it take extra time to get things right. this feels more like a delay than a disruption.The bigger question now is how much this pushes out the launch timeline and when Apple is ready to move ahead.
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