This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

iPhone 5S Reportedly to Start Trial Production

NEW YORK ( TheStreet) -- Though Apple (AAPL - Get Report) just announced the iPhone 5 a few months ago, the rumor mill is up and running again, as Apple soon will reportedly start testing the iPhone 5S.

DigiTimes reported that Apple will start trial production of the new phone next month, with an initial volume between 50,000 and 100,000 units. DigiTimes has been spotty with its Apple rumor mill in recent months, calling for products that either did not exist or mixing up component supplies with the actual product. Take this rumor with a grain of salt.

Apple has had success with the iPhone 5 though supplies are still constrained, as the device is vastly more difficult to make than previous versions of the iPhone.

Not only is the phone bigger with a 4-inch screen compared to previous 3.5-inch screens, it has an aluminum backing, which scratches easily through normal wear and tear. The iPhone 4 and iPhone 4S had glass backings, which made the phone heavier.

CEO Tim Cook noted on Apple's earnings call that demand is extremely strong for the iPhone, and the company has made progress in output.

"The demand for iPhone is extremely robust, we are thrilled with what we see; we are in a significant state of backlog right now," Cook said on the fourth-quarter conference call. "In terms of the production, our output has improved significantly since earlier this month. And I'm very, very pleased with the progress that we've made there; I'm pleased with the current level of output in what is the largest volume ramp in Apple's history. It's difficult to predict when supply and demand will balance, but I'm feeling very confident on our ability to supply quite a few iPhones."

Apple reported fourth-quarter earnings Oct. 25.

The report also showed that Apple would release a new version of its iPad, despite Apple announcing both an iPad Mini and a fourth-generation iPad at its October product event. TheStreet covered this event live. Apple will reportedly release the new iPad "a quarter later than the iPhone 5S."
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 -1.01%
FB $117.27 -0.67%
GOOG $701.43 0.82%
TSLA $212.10 -4.70%
YHOO $36.94 2.61%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs