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Technology Stocks : Mobile Computing - OSs & Manufacturers UNMODERATED
GOOG 317.61+0.5%10:20 AM EST

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To: sylvester80 who wrote (2190)2/7/2011 10:42:12 PM
From: iggyl1 Recommendation  Read Replies (1) of 3170
 
Apple blames iPhone 4 shortages on DRAM, NAND Flash, LCDs
Alex Scroxton, Microscope
Wednesday 19 January 2011 14:58
Apple has underestimated demand for the iPhone 4 and is facing shortages of its iconic device, but has refused to commit to saying when its supply chain issues will be resolved.

In a question and answer session with financial analysts following its Q1 earnings announcement, Apple COO Tim Cook - currently running the firm as Steve Jobs prepares to take a medical leave of absence - said that Apple had not done enough to address demand for the iPhone 4.


"We do still have a significant backlog," he admitted. "We are working around the clock to build more. I feel great that the demand is so high but at this point I'm not going to predict when supply and demand will meet."

"We could not make enough in the quarter and we would've loved to have ended with more channel inventory than we did," added CFO Peter Oppenheimer.

Apple's issues are thought to have arisen from supply constraints around DRAM, NAND Flash, high def displays and LCDs, said Cook, where pricing for raw materials is currently increasing due to growing economic strength.


Cook went on to add that Apple had identified areas where it could sign agreements with components builders to secure adequate supplies, as it did in 2005 when it paid out $1bn to secure Flash memory stock.

However he declined to disclose exactly where Apple was considering making a move.

Never a problem with Android. Clown boy will never be able to comprehend that you can only sell what you can make. sylly keeps saying iPhone price will fall and iPhone keeps kicking Android's butt in profits. Poor clown boy.
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