Thursday, August 2, 2012

Sharp president outs iPhone 5 details to distract from awful earnings

Sharp president outs iPhone 5 details to distract from awful earnings

. Sharp (6753) reported a rough second quarter on Thursday, and the best way to lighten the blow from a massive $1.2 billion operating loss is to highlight new deals with the world's most valuable company. Newly appointed Sharp president Takashi Okuda confirmed on Thursday that his company will be supplying display panels for Apple's sixth iPhone, and he told reporters that the displays will begin shipping this month, Reuters said. The timing is in line with an earlier exclusive BGR report, which contradicted rumors out of the Far East and stated that Apple's next-generation iPhone had not yet entered mass production.

Boy Genius Report , Sharp president outs iPhone 5 details to distract from awful earnings, Sharp president outs iPhone 5 details to distract from awful earnings

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