DigiTimes reported that the panels used in the iPad mini are suffering from low yield rates, with Apple suppliers AU Optronics (AUO - Get Report) and LG are having problems with supplies. That's reportedly affecting the amount of iPad minis that can be shipped this year.
DigiTimes has been spotty with its Apple rumors in the past, so take this one with a giant grain of salt. It is worth noting, though, that the iPad mini is back-ordered on Apple's Web site, showing a two-week delay on all models, including the LTE versions from Verizon (VZ - Get Report), Sprint (S) and AT&T (T - Get Report).Apple has reportedly made a major bet on the iPad mini for the holiday season, knowing the popularity of tablets as gifts. Apple may have ordered up to as many as 10 million units of the iPad Mini for the fourth quarter. Interested in more on Apple? See TheStreet Ratings' report card for this stock. -- Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_Bull
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts