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Old 09-13-2013, 12:40 PM   #249
Bertuzzied
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Sounds like production problems are coming up. Umm has any potential 5S owners have any concerns if the fingerprint thing screws up? Getting locked out of your phone would be crazy.

Jefferies’s Peter Misek reiterates his Hold rating on Apple, while cutting his price target to $425 from $450, suggesting that Apple has been having production problems with the fingerprint sensor built into the iPhone 5S:
Our checks indicate that suppliers have started to receive build plan cuts. We think poor fingerprint sensor yields are the cause. The 5s has few changes vs. the 5 and is using the same process node for the A7 app processor. Our checks indicate that the fingerprint sensor yields have been terrible and are the likely culprit for the H2 build plan cuts. We slightly raise our CQ3 EPS estimate from $7.58 to $8.14 (St $7.65) due to higher total shipments based on our sell-through checks (32M vs. 30M prior; St 31M). But our CQ4 iPhone revenue estimate remains ~20% below St.


http://blogs.barrons.com/techtraderd...d=yahoobarrons
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