When the iPhone 5′s opening-weekend sales only reached 5 million units instead of the sky-high estimates some Wall Street analysts’ offered ahead of launch, investors panicked and Apple’s stock took a hit. Some might say the record-setting sales figure is still “epic,” but Apple bulls whose projections overshot actual sales were quick to blame the disparity on supply shortages. Sharp’s display panel production in particular was said to be falling short, but an unnamed company executive on Friday confirmed that it is now producing “adequate volumes” of display panels Reuters says are destined for Apple’s new iPhone. Read the full story at Boy Genius Report.
iPhone 5 supply might finally catch up to demand
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).