Report: 8 Million iPhones Returned Due to Problems

Apple returned up to 8 million iPhones to Foxconn “due to appearance of substandard or dysfunctional problems.” This could cost Cupertino’s top manufacturer up to $1.6 billion, according to a report from China Business

The report doesn’t mention specific problems with the handsets. Additionally, we don’t know which models were returned

If the batch was made up of existing models, such as the iPhone 5 and iPhone 4S, this could eventually show up as a hole in Apple’s supply chain. However, if these defective models were in fact “iPhone 5S” models, Apple may be forced to delay the launch of its newest handset. Read more...