On Tuesday, the shares of Apple Inc. fell to $623.55 after reaching an all-time high of $700 on September 21, after the launch of the iPhone 5. This means that the company's stock fell 12 percent below its numbers days ago. Even the rumors of the upcoming iPad Mini doesn't seem to be encouraging investors.
A New York Times article suggests that the fall in shares is mainly due to the shortage of the iPhone 5. According to the article, "Although it's better for Apple that it appears to be suffering problems of supply rather than demand, both situations result in lost or delayed sales."
According to CNEt, this shortage of iPhone units is due to the phone's new display technology.
Apple depends on two companies- Sharp and LG Display, to produce its display screens. The latest display combines in-cell touch sensing technology, whereas the display of the 4S had a separate touch-screen and separate display screen. The two companies say the new technology of the iPhone 5 display has posed challenges for a speedy production. In addition, the new display costs seven dollars more than that of its predecessors. The new display costs the company $44 per piece, while the 4S cost $34.
According to the Apple website, customers could be waiting up to a month to get the latest iPhone. The website says there is a three to four delay in shipment.
On the other front, a Wall Street Journal article, accessible only through subscription, said Apple has already started manufacturing the mini-tablet, which is rumored to be released later this month or early next month.
According to ComputerAndVideoGames.com, "Apple Inc.'s Asian component suppliers have started mass production of a new tablet computer smaller than the current iPad, people with knowledge of the situation said, as the Silicon Valley company tries to stay competitive against rivals such as Google Inc. and Amazon.com Inc.that are offering smaller, less-expensive alternatives to the iPad."
A report from CNN Money suggested that Apple is likely to send event-invitation to its highly anticipated iPad Mini by October 10. The report suggests the launch is likely to take place on October 17; the assessment is based on a major Apple investor who told CNN that his information comes from "multiple sources."
Philip Elmer-DeWitt for CNN Money doesn't stop at giving the launch a specific date, but also puts a specific date when the iPad Mini hits the shelves, which according to the article is on November 2.
It comes as no surprise that Apple refused to comment. On Tuesday, the shares of Apple Inc. fell to $623.55 after reaching an all-time high of $700 on September 21, after the launch of the iPhone 5. This means that the company's stock fell 12 percent below its numbers days ago. Even the rumors of the upcoming iPad Mini doesn't seem to be encouraging investors.
A New York Times article suggests that the fall in shares is mainly due to the shortage of the iPhone 5. According to the article, "Although it's better for Apple that it appears to be suffering problems of supply rather than demand, both situations result in lost or delayed sales."
According to CNet, this shortage of iPhone units is due to the phone's new display technology. Apple depends on two companies- Sharp and LG Display, to produce its display screens. The latest display combines in-cell touch sensing technology, whereas the display of the 4S had a separate touch-screen and separate display screen. The two companies say the new technology of the iPhone 5 display has posed challenges for a speedy production. In addition, the new display costs seven dollars more than that of its predecessors. The new display costs the company $44 per piece, while the 4S cost $34.
According to the Apple website, customers could be waiting up to a month to get the latest iPhone. The website says there is a three to four delay in shipment.
On the other front, a Wall Street Journal article, accessible only through subscription, said Apple has already started manufacturing the mini-tablet, which is rumored to be released later this month or early next month.
According to Computerandvideogames.com, "Apple Inc.'s Asian component suppliers have started mass production of a new tablet computer smaller than the current iPad, people with knowledge of the situation said, as the Silicon Valley company tries to stay competitive against rivals such as Google Inc. and Amazon.com Inc.that are offering smaller, less-expensive alternatives to the iPad."
A report from CNN Money suggested that Apple is likely to send event-invitation to its highly anticipated iPad Mini by October 10. The report suggests the launch is likely to take place on October 17; the assessment is based on a major Apple investor who told CNN that his information comes from "multiple sources."
Philip Elmer-DeWitt for CNN Money doesn't stop at giving the launch a specific date, but also puts a specific date when the iPad Mini hits the shelves, which according to the article is on November 2.
It comes as no surprise that Apple refused to comment. The Cupertino company is characteristic for remaining adamantly quite about any of its new products, until the last minute.
But that just helps the company by building excitement and enthusiasm about the products, or does it? Unfortunately, even the possibility of a new Apple gadget is not reflecting on its stocks.
RELATED ARTICLES:
iPad Mini Release Date, Features & Rumors: Apple Begins iPad Mini Production
iPhone 5 Shortage of Supply Caused by New Display Technology?
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