You may already know, but the delay is not caused by SHARP. It is because Apple has change the design of the iphone at the last minutes due to some problems were found. I am interested in SHARP now for the improvement of everything. Let's keep eyes on it. I'll be around and make this board busy.
is sharp causing the apple iphone 6 delay problem,
I know apple at first rejected sharp screen for moiré problems, then they fixed it and gave apple one of there manufacturing plants, which leaves sharp dependent on one client.
anyone have info on who's at fault for the delay.
another 15.6 inch 3840x2160 IGZO tablet starting production in Feb 2014
How big a bounce are we going to get on this...Just peeked at Sharp trading tonight in Japan-UP BIG (¥393 +¥58 or up 17.31%=$3.98 USD)!! Can't wait to see where it goes Monday morning...wondering......stay in till May or cash out now?
Thursday, April 11, 2013
Sharp Seen Beating Op Profit Projection For FY12 2nd Half
OSAKA (Nikkei)--Sharp Corp. (6753) likely generated slightly more than 20 billion yen in group operating profit in the October-March period, surpassing the standing projection of 13.8 billion yen, thanks to such factors as payroll cutbacks and increased sales of LCD panels to Samsung Electronics Co.
The company secured a combined 360 billion yen in loans from its two main banks in September, on condition that it would turn an operating profit in the second half. Sharp suffered an operating loss of 71.1 billion yen in the same period a year earlier.
It cut labor costs in the second half of fiscal 2012, which ended last month, by offering early retirement packages to about 3,000 workers and lowering the salaries and bonuses of remaining employees. The firm slashed fixed costs by holding down capital outlays, and improved its bottom line by reducing LCD panel and electronics parts inventories.
Sharp also benefited from stronger sales of smartphones that use its proprietary IGZO (indium-gallium-zinc oxide) power-saving LCD panel. A capital tie-up with Samsung Electronics helped by raising LCD panel sales to the Korean group. And the company enjoyed brisk sales of refrigerators and other white goods in Southeast Asia.
After recording its fourth consecutive quarterly operating loss in the July-September period, Sharp reported a profit the following quarter. It appears to have ended the first quarter of 2013 in the black as well.
For the full year ended in March, Sharp likely suffered an operating loss of more than 140 billion yen, compared with a 37.5 billion yen loss a year earlier.
(The Nikkei, April 11 morning edition)
I've had this stock for some time. It is too much gambling at this time and I decided to sell it. I hoped that other companies will follow Quallcom and invest in Sharp but may be I am not too patient :).
Bearish bets on Sharp Corp. (6753) climbed to a record high as Japan’s biggest maker of liquid-crystal panels works to complete a capital tie-up with Taiwan’s Foxconn Technology Group to stave off the threat of bankruptcy.
Short-interest on Sharp, an indication of bets that its share price will fall, climbed to 73.2 million shares, or 6.6 percent of stock outstanding, on September 7, the highest in more than two decades, according to weekly data compiled by Bloomberg.
Sharp President Takashi Okuda must raise funds as the company burns through cash. Total liabilities reached 2 trillion yen at the end of June, the highest since at least 2003 and more than four times sales in that quarter, according to data compiled by Bloomberg.
“You can’t rule out the possibility of the company going bankrupt,” said Mitsushige Akino, who oversees the equivalent of $600 million in assets in Tokyo at Ichiyoshi Investment Management Co.