[sic]According to The Street, Rodman Renshaw analyst Ashok Kumar claims that display screen shortages are contributing to the tight supplies, cutting in half Apple's planned production rate for iPhone 4.
Apple's iPhone production has hit a speed bump due to display screen shortages, says Rodman Renshaw analyst Ashok Kumar, whose sources include Apple supply and manufacturing partners.
Kumar says the shortage has forced Apple's contract manufacturers to cut the iPhone's monthly production rate to 2 million a month, down from the planned rate of 4 million iPhones a month.
Any production shortages would be particularly unwelcome given the high demand for the new handset, with multiple carriers claiming ten times the traffic of the iPhone 3GS launch as Apple and its carrier partners struggled to keep up as pre-orders went live earlier this week.[emphasis added]