Here's Why Apple Inc. May Be in Panic Mode

Website Fast Company, citing a "source with knowledge of the situation," reports that "June was a tense month for the engineers and designers on Apple's (NASDAQ: AAPL) iPhone team."

Fast Company's source says the tension was due to "software problems" plaguing the upcoming premium OLED iPhone, commonly referred to as the iPhone 8.

Image source: Apple.

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Source: Fool.com