Apple's iPhone 5 rollout is noteworthy given recent rumors of supply challenges for the phone's new in-cell technology, which integrates touch sensors into the LCD, effectively eliminating one layer of the phone.
"What you can infer from the comments is that they feel very comfortable with supply," said Marshall. "They would not have made these aggressive comments if they didn't feel good about the supply of these in-cell screens."
Whereas the display on prior iPhones consisted of three layers -- cover glass, a touchscreen substrate and the LCD display -- Apple has successfully collapsed the touchscreen substrate into the glass to make the phone lighter.
Wu, however, said there's some concern in the Apple supplier community about their ability to build enough in-cell screens. "It's because the demand is overwhelming, [but] it's a good problem to have," he said. "If you ask Research In Motion (RIMM) or Nokia (NOK), they would love to have that problem."Wu, who expects Apple to sell a record 46.5 million iPhones in the December quarter, expects any in-cell supply issues to diminish early next year. The analyst had initially predicted December quarter sales of 45 million, a figure he raised to 46 million, before raising it again. Craig Gentry, executive vice president and chief investment strategist of Apple investor Destination Wealth Management, told TheStreet that the level of interest in the iPhone 5 launch was unprecedented. "Our thesis heading into this was that it's going to be the biggest consumer electronics launch in history," he said. "We got that reinforced." "I think it's going to move the dial [for Apple] this quarter and it's going to be phenomenally successful for the next quarter," added Gentry, pointing to the recent trend of consumers delaying their iPhone purchases ahead of the new product. Other Apple experts agree that the initial iPhone 5 landscape looks positive. In a note released on Monday, Canaccord Genuity analyst predicted iPhone 5 sales between 9 million and 10 million by Sept. 29, above his prior forecast of 6 million sales of the device. Apple shares rose 0.8% to $696.63 on Monday. --Written by James Rogers in New York. Follow @jamesjrogers >To submit a news tip, send an email to: email@example.com. Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV