Shares of Apple were sinking in pre-market trading on Wednesday.
The news follows similar reports indicating that the new iPhone X, originally debuted on September 12, has experienced production delays.
Last month, Raymond James analyst Christopher Caso, following a trip to Asia, wrote that the delays could push back shipments of the smartphone, scheduled to go on sale October 27, until December.
Also last month, the Wall Street Journal reported that problems with the iPhone X's 3D sensor have caused last-minute delays in its production.
Don't miss these top stories on TheStreet:
- Ford's Stock Will Probably Skyrocket After Revealing Some Mind-Blowing Cost Cuts
- Teva Dealt Another Blow With Latest Generic From Mylan, Outlook Remains Bleak
- Google Pixel 2 a 'Major Disappointment'
- A History of the Ford F-Series in 90 Seconds
- Kawasaki Ninja H2R: Is it Enough to Excite Die-Hard Enthusiasts?