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FBN’s Shibani Joshi on Qualcomm’s supply issues delaying the release of Apple’s iPhone until October.
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Quick check of the markets right now we are at session lows on the Dow with the Dow lower by 82 points the NASDAQ -- -- -- -- -- lower by three quarters -- percentage point right now one of the reasons we're seeing -- in the NASDAQ dragged down.
When a follow up on a story told about it that happened this -- while -- having supply issues with its -- There -- mobile chip maker and Piper Jaffray is just in the last forty minutes is show.
Issuing a research report saying that the iPhone 5 because of these -- supply issues.
Will die -- -- likely not be released in June but in our October.
The report goes on to say that the launch timing they believe is -- relevant as long as the iPhone 5 upgrade is compelling.
But certainly a reason to it to see any see the rationale here for apple shares dipping down right now.
