NEW YORK (TheStreet) -- Japan Display will start making LCD screens for a 4.7-inch Apple (AAPL) iPhone as early as May, while Sharp and LG display production should begin in June, according to Reuters' Tokyo bureau.
But production on displays for the 5.5-inch models will likely start several months later because of challenges in creating in-cell touch sensors for the displays; these have been used in recent iPhone models. News surfaced last week that Sharp would increase production on iPhone 6 LCD screens as soon as the second quarter.
The Wall Street Journal reported in February that Apple could also release two larger models down the line and noted the smaller model is further along in development.
Apple was up 0.42% to $539 at 12:09 p.m. on Tuesday.
TheStreet Ratings team rates APPLE INC as a "buy" with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:
"We rate APPLE INC (AAPL) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income."