And We Wait… Patiently…
After the latest Apple conference, where Steve Jobs announced the new iPhone 4, sales of acne lotion skyrocketed. People want to look good when they pick up their phones.
More than 600,000 of Apple’s new iPhone 4s were sold on the first day of pre-orders earlier this week. The volume was so great that AT&T had to suspend its online sales and Apple had to delay ship dates. Now an analyst reports the company is having difficulty getting enough touchscreens to meet demand.
Rodman & Renshaw analyst Ashok Kumar issued a research note on Friday in which he said the shortage means Apple has had to cut by 50 percent the number of iPhones it can deliver monthly from the original estimate of four million. Kumar said his report is based on information from Apple’s supplier, LG Display Company, which he said is hoping to get up to the needed capacity by late summer.
I’m glad I wasn’t hoping to get one until late July anyway. Maybe I won’t be so disappointed.
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