Apple Disappointed In Part Due To Supply Constraints
by Darren Hart
(AAPL) - Apple, Inc. reported earnings on January 23, 2013 which caused its stock to tumble to a low of $457.30/share and a believed to be close of $463.49 as reported on Yahoo! Finance. Apple blamed its performance in part upon supply constraints. As this author stated on July 30, 2012, Apple may experience supply constraints due to a shortage in 28 nm chips. Apple, by its own words appeared to have suffered just such a shortage resulting in lower iPhone 5 sales than expected and failure to meet demand, i.e. "constrained supply", for both iPhone 4 & 5. read more »
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