Apple
Inc.(NASDAQ:AAPL)’s adoption of in-cell touchscreen panels for its latest
iPhone 5 seems to be the primary reason behind the constraints that the supplies
of the new smartphone are experiencing.
Ben
A. Reitzes, an analyst at Barclays stated in a note that constraints on in-cell
touch displays have been the primary issue with iPhone 5 shipments. He
mentioned that iPhone 5 display supply is expected to be just 10 million
screens for the September quarter. A significant rise is estimated to start in
the December quarter.
Reitzes
said that it is still believed that Apple is experiencing crucial problem due
to a move toward in-cell display technology that pushes a considerable amount
of units into December and March quarters. This factor has restricted sales the
past weekend as per checks performed by Barclays.
Will
AAPL Hit $1000 This Year? Don’t Miss Our Special Report here
When
production of in-cell displays pick up pace in the fourth quarter, Reitzes
thinks Apple will sell more than 45 million iPhones, resulting in 22% growth
year over year.
The
in-cell touch panels that are used in the iPhone 5 are supposedly manufactured
by LG Display and Japan Display. Bloomberg contacted two of these companies and
Apple but none of them were ready to comment on this.
Apple
declared on Monday that sales of iPhone 5 went over 5 million in its initial 3
days of availability. That indicated a new record for the firm, although it
fell short of expectations of Wall Street.
In
a statement, Tim Cook, Apple’s Chief Executive has acknowledged that demand for
iPhone 5 is overdoing the supply and the company is trying its best to catch up
with the demand. Apple’s sales figures do not account for orders that are en
route consumers, since Apple has to deliver an iPhone before it can be
considered as a sale.
The
latest iPhone is lighter and sleeker than iPhone 4S. Older versions of the
iPhone depended on glass-on-glass solutions that were heavier and thicker.
No comments:
Post a Comment