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]

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Source: http://www.digitimes.com/news/a20110330PD216.html

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As Japan's people and industries respond to the recent horrible disasters, routine electrical brownouts are being rolled out to conserve...

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Charli

The part that these analysts don't mention is that Apple likely has a contract for a particular price with these folks and while the recent events might be cause for the other side to miss their deadlines a little, it's not necessarily cause for Apple to demand a price change for failure to uphold the contract. and even if they could make the demand it would leak out and every site in the world would jump on them as douchebag asshats and the reams of negative press would be way way more damaging.

April 03 2011 at 6:02 PM Report abuse Permalink rate up rate down Reply