Earlier today, a report indicated Apple’s foldable iPhone had hit production snags that could delay it several months. But now Bloomberg’s Mark Gurman has rebutted the report, saying the iPhone Fold is “on track” for an expected September launch.

Mark Gurman writes at Bloomberg:

Apple Inc.’s first foldable phone is on track to arrive during the company’s normal iPhone launch period later this year, people with knowledge of the matter said, rebutting concerns about major manufacturing snags.

The company is scheduled to introduce the foldable model in September alongside the iPhone 18 Pro and Pro Max, said the people, who asked not to be identified because the plans haven’t been announced. Apple’s phones typically hit store shelves the week after they’re unveiled.

The report notes that Apple’s stock took a hit earlier today after Nikkei Asia indicated the iPhone Fold was having serious production issues. Clearly, sources within Apple were motivated to share positive news via Gurman.