Apple reportedly to absorb costs from Japan tragedies

As Japan's people and industries respond to the recent horrible disasters, routine electrical brownouts are being rolled out to conserve available resources. Manufacturing is being affected as a result, and the tech industry is not immune.

DigiTimes reports that Apple will absorb the extra cost of timely production, ensuring both smooth shipments and profitability for upstream suppliers, at least in the short term.

Sources tell DigiTimes that suppliers like Anisotropic Conductive Films (ACF) and ITO materials will be able to meet targets through May at this point.

Last week Piper Jaffray analyst Gene Munster noted that the tragedy in Japan hadn't "meaningfully impacted iPad 2 supply," suggesting that effects of the earthquake and tsunami would only add one or two weeks to shipping times.

Apple has made it possible for customers to donate to the Red Cross relief efforts in iTunes.

[Via AppleInsider]

Apple reportedly to absorb costs from Japan tragedies originally appeared on TUAW on Thu, 31 Mar 2011 11:30:00 EST. Please see our terms for use of feeds.

Source | Permalink | Email this | Comments

Source: http://www.tuaw.com/2011/03/31/apple-reportedly-to-absorb-costs-from-japan-tragedies/

macintosh computers apple news conference live feed tech news apple news live