On the iPhone’s 10th anniversary, Apple Inc. seems intent on repeating at least one bit of history from the original—scrambling to get the device actually done.

That, at least, is the upshot of numerous leaks and reports over the past month.

Apple is reportedly working on at least one new iPhone model that will sport an entirely new design from the previous generation.

The challenges posed by that design—plus shortages of key components such as Organic Light Emitting Diode, or OLED, displays—now appear likely to push the...

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